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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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
President Donald Trump’s U.S. Supreme Court front-runners—Judge Thomas Hardiman of the U.S. Court of Appeals for the Third Circuit, Judge Neil Gorsuch of the Tenth Circuit and Judge William Pryor of the Eleventh Circuit—appear to be more “issuer” and “broker-dealer friendly” than “investor friendly.” However “no matter whom Trump nominates, […]
Zamansky LLC, as sole interim class counsel, successfully obtained preliminary approval of a $4.5 million settlement for J.C. Penney employees in an ERISA class action over misrepresentations related to J.C. Penney’s “fair and square” pricing strategy. In Law360’s JC Penney Wins Initial OK for $4.5M ERISA Deal article by Fola […]
Securities Defense Bar Praises Trump SEC Pick, New York Law Journal, by Christine Simmons President-elect Donald Trump nominated Jay Clayton, a partner at Sullivan & Cromwell, to lead the U.S. Securities and Exchange Commission, a nomination that securities litigators and other lawyers who have worked with Clayton greeted with enthusiasm. […]