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The Employee Retirement Income Security Act (ERISA) is a federal law that establishes minimum standards for employer-sponsored retirement plans. As an investor in one of these plans, you have rights – including the right to file a lawsuit to recover your losses under certain circumstances. Continue reading to learn more […]
2015 was clearly a year of distress and pain for retail investors. After several years of solid gains, the broad stock market this year finally stalled. As of Monday morning, the S&P 500 was flat for the year, meaning many investors saw little to no returns on their equity portfolios. […]
The law firm announces that it is investigating Stone Lion Capital Partners LP over its recent suspension of redemptions for investors. On December 11, 2015, the Wall Street Journal reported that Stone Lion Capital Partners LP was suspending redemptions in its credit hedge funds after many investors demanded their money […]
With Puerto Rico just days away from a potential $1 billion default, the Republican controlled Congress turned its back on the island commonwealth this week by failing to include any provisions for a much needed bankruptcy proceeding into the federal spending bill. “Republican leaders in Congress told Puerto Rico’s nearly […]
New York, New York: Zamansky LLC announces that it is investigating the Third Avenue Focused Credit Institutional Fund (TFCIX) and Investor Fund (TFCVX) for potential securities fraud violations. The Third Avenue Focused Credit Fund is a high yield and distressed debt mutual fund that is registered under the Investment Company […]
New York, New York: Zamansky LLC announces that it is investigating investor losses from oil, gas and energy stocks, master limited partnerships (“MLPs”) and funds, including those listed below. Over the last year, these investments have fallen 50% and more, and many are cutting their distributions to investors so that […]
Puerto Rico had a $350 million bond payment due yesterday. Miraculously, Governor Alejandro Garcia Padilla managed to pull a rabbit out of his hat. The Governor is going to “clawback” or default on some debt “in an effort to attempt to repay bonds issued with the full faith and credit […]
The law firm is investigating investor claims to recover losses against Cantone Research Inc. for fraud relating to sales of “certificates of participation” in five promissory notes issued by nursing homes and assisted living facilities controlled by Christopher Brogdon. Investors in these certificates of participation have reportedly suffered $6 million […]
The financial crisis in Puerto Rico is coming to a head, as regular readers of this blog know. Time is running out for Puerto Rico. Its Government Development Bank, or GDB, faces a $354 million principal and interest payment at the start of December. It appears it won’t be able […]
If you are an investor with losses in Puerto Rico bonds or UBS Puerto Rico bond funds, you should attend our orientation on the status of cases from two of the leading lawyers who are handling these cases. They will describe and discuss our victory in the leading UBS Puerto […]