Skip to Content
In April, the Department of Labor (DOL) released the final version of a new rule intended to protect retirement investors. The new rule, which begins to go into effect in April 2017 and becomes fully effective on January 1, 2018, provides that investment advisors and broker-dealers who offer individualized investment […]
For many years, energy company stocks and other energy-related investments were considered to be among the more-stable opportunities on the market for individual investors. While no investment is ever a sure thing (and if someone says they can offer you guaranteed returns, you should probably run the other way), oil, […]
The Employee Retirement Income Security Act (ERISA) is a federal law that was enacted specifically to protect employees who have pensions and invest for retirement through their employers. This includes employees with defined benefit pension plans, 401(k) plans and employee stock ownership plans. Under ERISA, employers have a number of […]
The Department of Labor just published a “fiduciary duty” rule which applies to 401(k) and retirement accounts. The intent of the rule is to make the retirement savings of Mom and Pop investors safer. Brokers will no longer be able to easily load up clients’ retirement accounts with high risk securities, like hedge funds.
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.
Puerto Rico’s $70 billion debt crisis is coming to a head. Massive defaults are looming, Congress is dithering over a solution to the calamity and Puerto Rico’s government is taking steps that will protect its residents but potentially harm its bond holders. The dire situation worsened on Wednesday. “Benchmark Puerto […]
As we reported in January, Zamansky LLC has filed a gross negligence-based lawsuit against investment firm Third Avenue Management, its founder Martin Whitman, and other company executives. The lawsuit, in which attorney Jacob Zamansky represents an individual investor who had $20,000 invested in the fund, is among a number of […]
As an individual investor, bonds are likely an important part of your investment portfolio. Bonds provide diversification, and they can also provide greater certainty with regard to investors’ expected returns. However, like other types of investments, some bonds are safer than others. The riskiest types of bonds are known as […]
An investor complaint in 2002 against a Merrill Lynch internet analyst shined a spotlight on the lucrative relationships between analysts at Wall Street banks and their executive counterparts in investment banking. The complaint highlighted how analysts, who typically sounded like independent voices dispensing wisdom on the prospects of high risk […]
In the past two years, the price of oil has dropped by more than 70 percent. From its all-time high of $147 in July 2008, the price of a barrel of oil dropped to below $30 in February 2016. The collapse of the price of oil has wreaked havoc on […]