Current Investigations

Zamansky LLC Investigates Voya Financial Advisors Over Sales of “L Share” Annuity Contracts With “Guaranteed” Minimum Benefits Riders

The law firm is investigating Voya Financial Advisors over sales of its “L Share” variable annuity policies.   Voya Financial Advisors is a division of the New York-based insurance and retirement benefit group formerly known as ING U.S. Inc. Voya Financial Advisors recently announced that it wound not longer sell type of variable-annuity contract known as …

Zamansky LLC Investigates Sanofi U.S. Group Savings Plan for Potential ERISA Violations

Zamansky LLC, a leading law firm for victims of stock market losses, has launched an investigation into possible ERISA violations affecting Sanofi employees who invested in company stock through the company’s U.S. Group Savings Plan after December 19, 2012. The investigation centers around the continued offering of company stock as an investment option after company …

Zamansky LLC Investigates UBS Puerto Rico Bond Funds and Financial Advisors

Zamansky LLC instigates UBS Financial Services Inc. of Puerto Rico over its financial advisors and alleged sales of leveraged bond funds. The investigation concerns both sales practices of the advisors and the sale of proprietary bond funds by UBS. Zamansky LLC investigates UBS Financial Services Inc. of Puerto Rico (“UBS Puerto Rico”) which has five …

Zamansky LLC Filed Class Action Lawsuit Against Virtus Investment Partners Inc.

On February 20, 2015, Zamansky LLC filed a class action lawsuit in the United States District Court, Southern District of New York, on behalf of an investor individually and on behalf of all other investors who purchased or otherwise acquired common stock of Virtus Investment Partners Inc. (NASDAQ: VRTS) (“Virtus”) between May 28, 2013 and …

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News

Pharmaceutical Giant Sanofi Under Investigation for Possible Violations of ERISA

On the heels of its agreement to pay $109 million to settle claims that it provided illegal “kickbacks” to doctors in exchange for prescribing and selling an arthritis medication, Sanofi is facing yet another allegation of violating federal “anti-kickback” laws. This time, a whistleblower lawsuit alleges that the pharmaceutical giant’s CEO and other top executives …

FINRA Countdown

A wave of FINRA arbitration is sweeping Puerto Rico and southern states in the US as the fallout from the collapse of Puerto Rican municipal bonds begins. Read More.

Federal Investigation Because of Huge Losses in Local Mutual Funds

U.S. Attorney and FBI have interviewed people of interest , the FICO stands a historic drop in these investments and securities lawyers insist that the situation is not the result of individual actions of brokers “All these allegations closed mutual funds are virtually identical. They are elderly, disabled withdrawn .” Marie Elsie Lopez Securities lawyer …

How Wall Street Fed Puerto Rico’s $70 Billion Borrowing Binge

Seven years ago, in the wake of a government shutdown caused by a $740 million budget deficit, Puerto Rican officials vowed to fix the island’s finances by 2010. Now investors are calling their bluff. In the $3.7 trillion municipal-bond market, Puerto Rico and its agencies more than doubled their borrowing since 2004 to $70 billion …

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Media

Jake Zamansky Talks About Puerto Rico Bonds in a WOSO Radio Interview

Jake Zamansky Talks About Puerto Rico Bonds in a WOSO Radio Interview. Listen Now!

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WORA-TV in Puerto Rico Reports on Puerto Rico Bond Investors