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Listen to Jake and Marie’s interview with Kike Cruz.
Seven years ago, in the wake of a government shutdown caused by a $740 million budget deficit, Puerto Rican officials vowed to fix the island’s finances by 2010. Now investors are calling their bluff. In the $3.7 trillion municipal-bond market, Puerto Rico and its agencies more than doubled their borrowing […]
San Juan – Experienced investment fraud law firm Zamansky, LLC, led by New York attorney Jacob Zamansky and Puerto Rico attorney Marie Elsie López Adames, appeared today in front of hundreds of Puerto Ricans who have suffered millions of dollars in losses due to improper recommendations, misrepresentation and misrepresentations in […]
Desde ayer, la Asociación para la Reglamentación de la Industria Financiera (Finra, por sus siglas en inglés) tiene ante su consideración la reclamación de un segundo inversionista de Puerto Rico, quien alega perdió unos $870,000 como secuela de su inversión en fondos mutuos gestionados por UBS Financial Services of Puerto […]
“Aquí lo que ha habido es un fraude. A todos nosotros nos pintaron la panacea. Nos decían que era seguro”. Eso dijo a El Nuevo Día, Antonio Pineda (nombre ficticio para proteger su identidad), un hombre que se aproxima a los 70 años de edad y quien llegó hasta el […]
Will the Supreme Court stop judges from getting too creative with the Securities Litigation Uniform Standards Act? Click here to view the full article.
Law360, New York (September 30, 2013, 3:26 PM ET) — A New York federal judge on Monday slashed several claims from a putative class action against Harbinger Capital Partners LLC alleging it hid a major investment in a now-bankrupt broadband company, finding the state law claims were barred by federal […]