When Wall Street lures Main Street into investing in the risky stuff known as “structured products,” things don’t always end well for the customer. Last week’s $19.5 million settlement between investment bank UBS (UBS) and securities regulators is just the latest example of why Mom and Pop have no business […]
On August 28, 2015, investors represented by Zamansky LLC attorneys Jacob H. Zamansky and Edward H. Glenn Jr. received a $3.1 million award for losses sustained in connection with closed-end bond fund and municipal bond investments managed by UBS-Puerto Rico. The award represents the largest to date against UBS or […]
On August 28, 2015, investors represented by Zamansky LLC and attorneys Jacob H. Zamansky and Edward H. Glenn Jr. received compensation of $ 3.1 million for losses incurred in connection with closed bond funds and municipal bonds, investments managed by UBS-Puerto Rico. The award represents the largest to date against […]
El 31 de agosto de 2015 un panel arbitral de FINRA les adjudicó $3.1 millones a tres demandantes en relación con las pérdidas derivadas de las inversiones en fondos de bonos cerrados y bonos municipales de UBS Puerto Rico. Los demandantes Ana Teresa Lopez-Gonzalez, Andres Ricardo Gomez y Wave Management […]
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 […]
WASHINGTON — UBS is facing more than $600 million in damage claims filed by Puerto Rico investors in closed-end bond funds, the bank said in its second quarter earnings report Tuesday. Read More
“A 50-year-old Harlem educator is giving her UBS broker failing grades after she lost $400,000 from her Puerto Rico muni bond fund.” Source: The New York Post Read more
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.
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 They are elderly, disabled withdrawn .” […]
Jake Zamansky Talks About Puerto Rico Bonds in a WOSO Radio Interview. Listen Now!