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The law firm is investigating sales of Puerto Rico municipal bonds by large U.S. based brokerage firms such as Wells Fargo and Morgan Stanley to their brokerage customers. Since 2006, even before Hurricane Maria devastated the Island, Puerto Rico has suffered from a protracted economic recession. The government has incurred […]
“It may not be possible to predict when the next natural disaster will take place. What you can count on is that when it happens, scammers will try to take advantage of the situation.” These words from the Financial Industry Regulatory Authority (FINRA) underscore one of the hidden risks associated […]
The Financial Industry Regulatory Authority (FINRA) has moved to diversify its pool of new arbitrators dealing with investor disputes by increasing the numbers of both African American and women arbitrators in 2016. In December of 2015, FINRA began its minority recruitment for a deeper and more diverse pool of arbitrators […]
Patricia Holtz, lead plaintiff in a Securities Class Action case, is asking the US Supreme Court to reinstate her case against JP Morgan after the bank used SLUSA to justify having the case removed from Illinois State court to federal court. The JP Morgan clients allege the bank violated its […]
A recent article on Forbes.com highlights many of the types of investment scams that target individual investors. While many of these scams target inexperienced investors and individuals who may not have previously been considering investing at all, several recent high-profile cases have shown that even savvy investors who understand the […]
A recent article from Investment News exposes the sad case of an elderly blind man who lost approximately $200,000 when he mistakenly placed his trust in a seemingly-friendly broker employed by HSBC Securities. Over a several-year period, the broker purchased two New York apartments for himself using the elderly man’s […]
Judges are less likely to dismiss class securities cases where the company has restated its financials, statistic show. Jacob Zamansky of Zamansky LLC commented, “If the restatement shows that the company was falsely trying to dress up its balance sheet, those are cases where investors are likely to recover and […]
Current and former Exxon employees, represented by Zamansky LLC, are asking the following question: “Did Exxon Mobil’s communications about climate change break the law?” Zamansky LLC filed suit in February on behalf of current and former Exxon employees who believe the answer is “yes.” The lawsuit argues that Exxon “deceived […]
The new fiduciary duty rule, one of the most important developments in investor protection in decades, is bouncing awkwardly around Washington like a football after its kickoff. Where will it land? And with the Republicans in control of the nation’s capital, will anyone pick it up and race across the […]
Zamansky LLC Partner Samuel Bonderoff discusses the parallels between how Exxon Mobil handled climate change and how big tobacco companies handled the link between cigarettes and cancer in a radio interview featured on Austin’s NPR Station, KUT 90.5. Mr. Bonderoff also discusses the firm’s representation of current and former Exxon […]