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Despite bringing the economy to the brink of collapse in 2008 with excessively risky investments, Wall Street appears to have learned nothing from this near-death experience. Rather than recommending investments of a safer nature, Wall Street is once again hawking the riskiest of investments. According to the Wall Street Journal’s […]
Zamansky LLC announces that it has begun an investigation of the suitability of investments in gold and silver funds for investors, in view of recent performance. On May 7, 2013, Reuters reported that gold prices were continuing to fall and that gold exchange traded funds had hit their lowest prices […]
Zamansky LLC announces that it is investigating sales of private investments by Kleiner, Perkins, Caufield & Byer, the venture capital firm with offices in Menlo Park and San Francisco, California. The investigation includes sales of private investments in Fisker Automotive Holdings, Inc., MiaSole and other green companies. Zamansky LLC announces […]
Zamansky LLC is investigating the Satellite Multi-Strategy Access Fund LLC (“Satellite Multi-Strategy”), and UBS Renaissance Institutional Equities Fund I, LLC (“UBS Renaissance”). These were private investment funds sold by UBS Financial Services Inc. (“UBS Financial Services”) and its financial advisors to the firm’s brokerage customers. According to filings with the […]
Zamansky LLC has filed a Financial Industry Regulatory Authority (FINRA) arbitration on behalf of a Pennsylvania couple. The couple is alleging that their brokerage firm, UBS Financial Services, Inc., wrongly recommended that they purchase over $50,000 worth of structured products issued by the now-bankrupt Lehman Brothers in their individual retirement […]
Jake Zamansky appeared on CNBC to discuss the mysterious death of Invesco private wealth manager S. Mark Powell, and what his alleged misconduct may mean for the firm in terms of legal liability.
Zamansky LLC Announces Its Investigation of the Late S. Mark Powell of Invesco’s Atlantic Trust Unit
Zamansky LLC announces that it is investigating the late S. Mark Powell of Invesco Ltd.’s Atlantic Trust Unit. The investigation concerns over his activities and dealings with customers. On May 28, 2013, the Wall Street Journal reported in “Manager’s Death Shakes Texas Investors,” that after Mr. Powell died two weeks […]