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Understanding GWG L Bond Losses and How Emerson Equity Allegedly Defrauded Investors Through the Sale of High-Risk L Bonds Latest News: GWG Holdings Inc filed for Chapter 11 Bankruptcy on 4/20/2022. The time for investors to act is now! When GWG Holdings Inc. (GWG) defaulted on its L bond interest […]
Clients Recover 100% of UBS YES Loss Recently, we discussed how the tables were turning in favor of investors who were involved in UBS-YES arbitration. Attorney Jake Zamansky and his team are proud to announce that our work has added to the recent wins by investors. See the significant FINRA […]
The U.S. Securities and Exchange Commission (SEC) has announced a landmark settlement with UBS Financial Services Inc. related to the firm’s Yield Enhancement Strategy (YES). According to the SEC, UBS “has agreed to pay approximately $25 million to settle fraud charges relating to a complex investment strategy referred to as […]
Investment fraud attorney Jake Zamansky and his team are investigating possible claims on behalf of customers who have been harmed by the alleged misappropriation of customer funds by financial advisor Robert Turner of Waco, Texas. What Happened to Bring About the Investigation? UBS Financial Services is suing former financial adviser […]
On April 4, 2022, InvestmentNews reported that GWG Holdings Inc. was on the verge of filing for bankruptcy. Citing confidential sources, the media outlet wrote that GWG, “which sold $1.6 billion in bonds backed by life settlements through a network of independent broker-dealers, is preparing to file for Chapter 11 […]
Wells Fargo recently appealed a Georgia judge’s decision that the financial institution and its outside lawyer committed fraud on FINRA, rigging the investor dispute process and putting into question the fairness of the regulator’s entire arbitration system. We’ve discussed the legal woes surrounding Wells Fargo in the past; however, this […]
Many Iranian-Americans invested in GWG Holdings L Bonds after hearing a pitch by financial adviser Tony Barouti on his Persian-language radio show. As we have previously reported, our investment fraud attorneys are investigating and pursuing claims of alleged securities fraud, investment fraud, misrepresentation, breach of fiduciary duty, and other unsuitability violations toward […]
We are investigating these former SPACs for potential legal claims concerning breach of fiduciary duty and false and misleading statements to investors. The potential claims relate to misstatements by SPAC sponsors to convince SPAC investors not to redeem their shares ahead of the planned de-SPAC merger. On December 3, 2021, […]
Our law firm is investigating claims for pension funds and other investors who suffered losses in the Allianz Structured Alpha US Equity 500 Fund and Global Equity 500 Fund. According to public reports, these two Structured Alpha Funds were sold and marketed as funds designed to put perform markets in […]
President Joe Biden is expected to issue an executive order on crypto assets as early as this week, according to reports. The executive order reportedly will direct a wide range of government agencies to study cryptocurrency and the central bank digital currency (CBDC) to design a comprehensive strategy. Some of […]