Current Investigations

Zamansky LLC Investigates Platinum Partners Value Arbitrage Fund

The law firm is investigating the Platinum Partners Value Arbitrage Fund (“Platinum”) over its decision to close, and reported losses suffered  in Echo Therapeutics.   Platinum’s founder Murray Huberfeld was arrested June 8, 2016, and charged with allegedly paying a $60,000 “kickback” to Norman Seabrook, President of the NYC Corrections Officers Benevolent Association, in exchange for …

Zamansky LLC Investigates Hedge Funds With Large Valeant Stock Losses

The law firm is investigating various hedge funds which suffered large losses from investing in Valeant Pharmaceutical International Inc. (“Valeant”) stock.   According to public reports, these hedge funds include Pershing Square Capital Management, ValueAct Holdings, Brahman Capital, Brave Warriors Advisors, Okumus Capital and Senzar Asset Management have suffered large losses from investments in Valeant stock. …

Zamansky LLC Investigates Strategic Return Notes Sold to Merrill Lynch Brokerage Customers

Zamansky LLC is investigating claims for investors to recover losses suffered by Merrill Lynch brokerage customers who purchased Strategic Return Notes (“SRNs”).  In 2010, Merrill Lynch and Bank of America created the Strategic Return Notes which are notes with a maturity which do not pay interest but repay investors a variable amount based upon the …

View All Current Investigations

News

Zamansky LLC Partner Samuel Bonderoff Interviewed by Bloomberg BNA

Being on the Plaintiff’s Side Is More Fun – Zamansky LLC partner Samuel Bonderoff answers Bloomberg BNA’s Andrea L. Ben-Yosef’s questions about ERISA litigation, including his personal experience as an ERISA litigator and his views on the United States Department of Labor’s new fiduciary rule.

SEC Examiners Aren’t Alone In Putting High-Yield Bonds Under the Microscope

Yesterday New York City-based Zamansky LLC unveiled investigations into a dozen open-end mutual funds, two hedge funds, and a closed-end fund. The investigation comes four days after Zamansky filed a $500-million, putative class-action lawsuit over the now-infamous fall of Third Avenue’s Focused Credit Fund. Click here to view the full article on mfwire.com.

Third Avenue Fund Faces $500M Investor Suit After Freeze

Third Avenue Management Co. LLC and its founder were hit with a $500 million shareholder lawsuit Friday that charges they breached their fiduciary duties with a $790 million junk-bond fund that recently froze redemptions. Third Avenue Focused Credit Fund investor William Engel accuses the firm, founder Martin Whitman and other executives of failing to maintain …

Zamansky LLC Obtains Record $3.1 Million Award in UBS-Puerto Rico Bond Fund Arbitration

On August 28, 2015, investors represented by Zamansky LLC attorneys Jacob H. Zamansky and Edward H. Glenn Jr. received a $3.1 million award for losses sustained in connection with closed-end bond fund and municipal bond investments managed by UBS-Puerto Rico. The award represents the largest to date against UBS or any other brokerage firm arising …

View All News

Media

Zamansky LLC Files FINRA Arbitration For An Investor With Accounts Managed by Wayne Geffen, First Serve Capital and Concept Capital Markets LLC

We filed a  FINRA arbitration on behalf of a 51 year-old New York investor who is a former customer of Wayne Geffen of Concept Capital Markets LLC.   The Statement of Claim alleges that Geffen invest him in excessively risky and unsuitable portfolio of oil, gas and energy stocks including a large position of Energy XXI.   …

Continue Reading...

Zamansky LLC Files FINRA Arbitration Against Wells Fargo Advisors For Investor Losses in Puerto Rican Bonds

We filed a  FINRA arbitration on behalf of a 63  year-old New York investor who is a brokerage customer of Wells Fargo Advisors LLC.   The Statement of Claim alleges that the investor was retired and living off of the income from his bond portfolio.  He alleges he was advised to purchase Puerto Rican municipal bonds …

Continue Reading...

Jacob Zamansky Quoted by Wall Street Journal

Proposed Rule Would Allow Consumers to Sue Banks, Credit-Card Companies – Current mandatory arbitration clauses in contracts force customers into private negotiations to solve disputes, Wall Street Journal, by Yuka Hayashi and Christina Rexrode. The Consumer Financial Protection Bureau proposed a rule on Thursday restricting the use of mandatory arbitration clauses in consumer financial contracts.  …

Continue Reading...

Zamansky LLC Obtains Record $3.1 Million Award in UBS-Puerto Rico Bond Fund Arbitration

View All Media