Zamansky LLC Makes Law360’s “Legal Lions” List

In Law360’s latest weekly verdict, our own Jake Zamansky and Samuel Bonderoff were recognized for their representation of IBM employees in a case involving substantial stock declines that harmed their retirement savings. The article, in relevant part, states: “Rounding out this week’s legal lions list is Zamansky LLC. The Second Circuit on Monday reinstated a …

UBS Pulls ETRACS Exchange-Traded Note (ETN) Off Market as Value Plunges to Near Zero

Individual investors who purchased ETRACS leveraged exchange-traded notes (ETNs) from UBS prior to March 2020 are facing substantial losses – so much so that UBS has pulled the product off of the market for new investors. While some will point to the economic impacts of the novel coronavirus (COVID-19) pandemic as the reason for these …

Jake Zamansky Quoted in WSJ Regarding YES Financial Losses

Another day, another story in the news about the financial crisis investors face from their investments in yield enhancement strategy options (YES)– particularly those offered by UBS. Zamansky, LLC continues to investigate these claims, and the firm’s founder, Jake Zamansky, was recently quoted in the Wall Street Journal regarding the heavy financial losses.    Investors …

Claims Related to the UBS YES Strategy Continue to Soar

In a recent article posted on AdvisorHub.com, investment fraud attorney Jacob Zamansky notes that there were approximately 1,500 clients who invested in the UBS YES strategy to the tune of $6 billion. Claims are rising steadily, and Zamansky LLC is currently handling 65 claims thus far and seeking damages of more than $120 million. YES …

Autocallable, Callable Yield, Other Structured Notes Under Investigation for Coronavirus-Related Losses

Securities fraud attorney Jake Zamansky spoke to Businesswire.com about the most recent market volatility stemming from the Coronavirus pandemic. He and his team are conducting an investigation into related stock market losses that have occurred over the last two weeks for investors with structured notes from various companies, including Autocallable Securities and Callable Yield Notes. …

INVESTOR ALERT: UBS Yield Enhancement Strategy (YES) Update on COVID-19 SPX Market Crash

March 16, 2020 02:36 PM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Zamansky LLC issues this update for investors in the UBS Yield Enhancement Strategy (YES). UBS investors in YES who are still holding the strategy in their portfolios are reporting losses in excess of 32 percent. YES is a form of investing where call and put …

Continued Market Chaos May Lead to Innumerable Investor Claims

Recently, we’ve all seen an uptick in market volatility in relation to the coronavirus pandemic. In general, everyone is concerned about what the pandemic means for them personally and financially. But investors, in particular, are appropriately concerned about what it all means for their portfolios. Were investors advised appropriately? Were their portfolios diversified enough? New …

Coronavirus Market Crash Losses Could Actually Be Your Broker’s Fault

They are calling the latest coronavirus stock market fiasco the Black Monday Meltdown. For some, it should be called the Bad Broker Bungle. The March 9 trading day had barely begun when an automatic 15-minute halt in trading occurred after losses reached 7 percent. By the end of the day, the Dow had dropped 7.8 …

Zamansky LLC Investigates Potential Legal Claims By Premium Point Mortgage Credit Fund Investors Against the Fund’s Administrator and Others

The law firm is investigating potential legal claims for recovery by investors in the Premium Point Mortgage Credit Fund Ltd. and the Premium Point New Issue Opportunity Fund Ltd. against the fund administrator and other potential culpable parties. On May 9, 2018, the SEC filed a Complaint against Premium Point and its officers.  The SEC …