Collateral Yield Enhancement Strategy (CYES) Offered by Merrill Lynch, Morgan Stanley and Other Firms

Zamansky LLC is investigating an options-based investment strategy utilized by various brokerage firms — including Morgan Stanley and Merrill Lynch — sometimes referred to as the Collateral Yield Enhancement Strategy, or “CYES”. The CYES is a complicated and risky options strategy, managed by Harvest Volatility Management, LLC. The CYES utilizes “iron condor” options trades and …

Yield Enhancement Strategy Losses? Call Zamansky, LLC

Investment Fraud Attorneys for Claims Related to Complex Options Strategies, including the UBS “Yield Enhancement Strategy,” and “Iron Condor” Losses When you invest with a brokerage or advisory firm such as UBS Financial Services, Credit Suisse, Merrill Lynch, or Morgan Stanley, there is no shortage of investment options available. When you seek advice from your …

Zamansky LLC Investigates Possible ERISA Violations in the Johnson & Johnson Savings Plan

Zamansky LLC is investigating Johnson & Johnson Inc. (NYSE:  JNJ) (“J&J” or the “Company”) on behalf of its current and former employees for potential violations of the federal Employee Retirement Income Security Act (“ERISA”) in the J&J Savings Plan (the “Plan”).  We are investigating whether the ERISA fiduciaries violated duties of prudence by offering J&J …

Zamansky LLC Investigates GPB Capital Holdings Private Funds

On December 18, 2018, media reports revealed that Massachusetts’ securities regulators are investigating GPB Capital Holdings, which sold approximately $1.8 million of its private funds. The funds were sold through independent brokerage firms that reportedly received 10% commissions for pushing these funds on investors. These investments, however, were highly speculative and risky private placements that …

Zamansky LLC Investigates Optionsellers.com

The law firm is investigating Optionsellers.com, a small commodities firm that failed over the weekend. The firm, which was long WTI, short natural gas, was forced to unwind. President James Cordier issued a full apology video to investors. Zamansky LLC is investigating whether the Optionsellers.com’s risk systems were overwhelmed. If you were a customer of …

Forex (FX) Customers of TFS-ICAP Should Contact Us

On September 26, 2018, the Financial Times reported that TFS-ICAP, the foreign exchange brokerage firm, pleaded guilty to securities fraud in relation to a criminal investigation by the New York Attorney General’s Office into foreign exchange currency options. The charges stem from an investigation into the posting of fake trades, bids, and offers — commonly …

Zamansky LLC Investigates Wells Fargo Financial Advisor John Greg Schmidt of Dayton, Ohio

The law firm is investigating former Wells Fargo financial advisor John Greg Schmidt (“Schmidt”) also known as Greg Schmidt. On September 25, 2018 the Securities and Exchange Commission (SEC) filed a complaint against Schmidt, alleging he engaged in a “Ponzi” scheme for years where he stole funds from customers’ accounts. The Financial Industry Regulatory Authority …

Zamansky LLC Investigates Purshe Kaplan Over Sales of Alternative Investments

The law firm is investigating alternative investments sold by Purshe Kaplan Sterling Investments Inc. (“Purshe Kaplan”), the brokerage firm based in Albany, New York, with branches located throughout the country. If you are an investor in an alternative investment such as Spring Hills Holdings or GPB Holdings, please contact us for a review of your …