While stocks have recovered from their historic March lows, a complex investment product known as the UBS Yield Enhancement Strategy or YES, has not enjoyed a similar bounce back. Just a couple of months ago, the Dow Jones Industrial Average and the S & P 500 suffered their worst first […]
Individual investors who purchased ETRACS leveraged exchange-traded notes (ETNs) from UBS prior to March 2020 are facing substantial losses – so much so that UBS has pulled the product off of the market for new investors. While some will point to the economic impacts of the novel coronavirus (COVID-19) pandemic […]
Another day, another story in the news about the financial crisis investors face from their investments in yield enhancement strategy options (YES)– particularly those offered by UBS. Zamansky, LLC continues to investigate these claims, and the firm’s founder, Jake Zamansky, was recently quoted in the Wall Street Journal regarding the […]
In a recent article posted on AdvisorHub.com, investment fraud attorney Jacob Zamansky notes that there were approximately 1,500 clients who invested in the UBS YES strategy to the tune of $6 billion. Claims are rising steadily, and Zamansky LLC is currently handling 65 claims thus far and seeking damages of […]
Wall Street Created Structured Products For Yield Chasers. Firms Offloaded the Risk To Hedge Funds. Structured Product Holders Suffered Steep Losses. As retail investors searched for yield after the credit crisis of 2008, Wall Street gladly satisfied that need by taking a page from their 2008 financial crisis playbook. Remember […]
The law firm is investigating Malachite Capital Partners LP (“Malachite”) for possible fraud or breach of fiduciary duty to investors. Due to recent volatility and losses, Malachite announced it was liquidating its fund. According to SEC filings, Malachite’s managers trade variance, forward variance and volatility swap agreements, as well as […]
Brokerages sold retail investors billions of dollars of complex and risky volatility linked investments. Volatility investments have been hit hard in the recent market turmoil. Investors’ nest eggs have suffered huge losses. Mom and pop retail investors need to examine the sales pitches many brokers made to them for high-yield […]
This is a trying time for investors as we’ve all watched the market fall over the last several weeks. Attorney Jake Zamansky encourages all investors to take a look under the hood of your investment portfolios to find out whether there are certain assets that are more of a risk […]
Zamansky LLC is investigating UBS Financial Services Inc. (UBS), the broker-dealer, over possible sale practice violations which resulted in losses to investors in ETRACs (Symbols: HDLV, SMHD, DVHL, CEFL, CEFZ, BDCL, LBDC, MORL, MRRL, LRET, MLPQ, HOML, MLPZ, LMLP and WTID). UBS ETRACs are exchange-traded notes which track and provide […]
Securities fraud attorney Jake Zamansky spoke to Businesswire.com about the most recent market volatility stemming from the Coronavirus pandemic. He and his team are conducting an investigation into related stock market losses that have occurred over the last two weeks for investors with structured notes from various companies, including Autocallable […]