Seeing Parallels With Big Tobacco, Employees Sue Exxon Mobil – NPR Austin

Zamansky LLC Partner Samuel Bonderoff discusses the parallels between how Exxon Mobil handled climate change and how big tobacco companies handled the link between cigarettes and cancer in a radio interview featured on Austin’s NPR Station, KUT 90.5.  Mr. Bonderoff also discusses the firm’s representation of current and former Exxon employees who allege that Exxon …

Ex-Major League Outfielder Closer to Ponzi Scheme Recovery – Bloomberg BNA

A reformed con man is closer to recovering the $2 million he lost as a victim of a Ponzi scheme.  He borrowed the money from retired Major League Baseball outfielder Shannon Stewart who played for the Toronto Blue Jays, the Minnesota Twins, and the Oakland Athletics.  Any recovered funds will be returned to Stewart. Jacob …

FINRA to Merge Enforcement Units – Bloomberg BNA

The Financial Industry Regulatory Authority (FINRA) has announced the merger of two separate enforcement programs.  The program that focuses on member firms will be merged with the program that focuses on over-the-counter trading. Jacob Zamansky told Bloomberg BNA that “It’s an appropriate move to merge, and hopefully it will make the FINRA enforcement a more …

Zamansky LLC Partner Samuel Bonderoff Quoted in Exxon Law360 Article

Defendants asked a Texas federal court to dismiss a class action suit brought by Zamansky LLC on behalf of Exxon employees.  The suit alleges that Exxon hid its knowledge of climate change and made false and misleading disclosures causing its retirement plan to lose value. Zamansky LLC partner Samuel Bonderoff stated, “[f]or decades, ExxonMobil has …

Jacob Zamansky Quoted in New York Post – Hedge funds face a crisis of confidence

Hedge funds are facing a crisis due to low return figures, increased investor withdrawals, and closures which signal potential litigation and warnings from financial advisors to “get out.”  Hedge funds are very good at marketing, however investors stand to lose their entire investment.  Jake Zamansky told the Post that he is “seeing some patterns.”  His …

Climatewire – Exxon investigation spawns lawsuits

Millions of pages of Exxon records have been made public by New York Attorney General Eric Schneiderman as part his investigation into Exxon, however he has not yet brought charges against Exxon.  But that did not stop a few lawyers from bringing actions in Texas federal courts.  Zamansky LLC represents employees of Exxon in one …

Law360 – Exxon Should Face ERISA Climate Suit, Former Worker Says

Zamansky LLC filed an opposition to a motion to dismiss on behalf of current and former Exxon employees who have alleged that Exxon’s fraudulent climate change disclosures caused losses to their retirement savings.  In the ERISA class action lawsuit, employees allege that Exxon made false statements about climate change and failed to publicly disclose the …

Allergan Stock Losses Spawn ERISA Class Action – Bloomberg BNA

Zamansky LLC recently filed an ERISA class action on behalf of current and former Allergan plc employees to recover lost retirement savings resulting from an alleged price-fixing scheme.  Allergan’s alleged price-fixing has prompted investigations by the Department of Justice, and other lawsuits filed by California’s attorney general and the Federal Trade Commission. Click here to …

Jacob Zamansky Quoted in Bloomberg BNA Securities Law Daily – FINRA to Seek Expedited Small Claim Arbitration via Phone

FINRA recently released a report detailing plans for an expedited phone hearing option for those parties involved in an arbitration with a claim of $50,000 or less.  The report also draws attention to improvements in FINRA’s efforts to diversify its arbitrator pool, however Jacob Zamansky disagrees.  “Although FINRA has incremental changes in this area, the …

L-3 Execs Named in New ERISA Lawsuit Over Stock Losses – Bloomberg BNA

Zamansky LLC recently filed an ERISA class action on behalf of current and former L-3 employees to recover lost retirement savings in the wake of an accounting fraud.  Samuel Bonderoff, Zamansky LLC partner, told Bloomberg BNA that this lawsuit contains specific factual allegations and “builds off L-3’s recent $1.6 million settlement with the Securities and …