From professional athletes to everyday individuals, people from all walks of life need to be wary of the risks they can face when trusting other people to manage their investments. Three recent high-profile securities fraud cases highlight some of these risks, and should serve as cautionary tales to individual investors. […]
Puerto Rico and its bond funds are financially under water and quickly running out of oxygen. As regular readers of this blog know, the news for Puerto Rico and the owners of its bonds keeps getting worse. This past week is no exception. For the third time since August, a […]
Many individuals who work for companies that offer retirement plans have virtually their entire life savings – or at least a significant portion of it – invested either with or through their employer. When this is the case, and when an employer’s plan manager mismanages employees’ retirement funds, employees who […]
Zamansky LLC announces it is investigating potential claims by investors with brokerage accounts over structured notes issued by Barclays Plc (NYSE:BCS), Morgan Stanley (NYSE:MS), Deutsche Bank (NYSE:DB), UBS, A.G. (NYSE:UBS), Citigroup (NYSE:C), Bank of America Merrill Lynch (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Credit Suisse (NYSE:CS), BNP Paribas and other financial firms.
It looks like the end of 2015 may be the end of the road for Puerto Rico. The island’s development bank is expected to exhaust all of its cash by the end of December, according to a recent New York Times article. Making matters even more dire, a large payment […]
Traditionally only available to high-net-worth individuals, hedge funds are complex investment vehicles that can take a number of different forms. Due to their complexity, lack of uniformity and lack of government regulation, hedge funds are considered to be risky investments that should only be undertaken by sophisticated investors who understand […]
Puerto Rico last week said it had laid out a five year plan for broadly restructuring its mammoth debt. A significant question facing the politicians and bankers in charge of the debt reorganization is whether hedge fund investors, who recently bought the highly speculative bonds should be treated the same […]
In most cases, when an investor suffers significant losses due to fraud, breach of fiduciary duty or any other form of misconduct, they are not alone. In securities fraud and other investment-related cases, there are often numerous individual and institutional investors who all suffer from the same improper deeds. This […]
On August 28, 2015, investors represented by Zamansky LLC attorneys Jacob H. Zamansky and Edward H. Glenn Jr. received a $3.1 million award for losses sustained in connection with closed-end bond fund and municipal bond investments managed by UBS-Puerto Rico. The award represents the largest to date against UBS or […]
Stock fraud is a broad term that can be used to describe many types of deceptive practices that unscrupulous brokers use to make money off of unsuspecting investors. When a broker misleads you or uses your account for his or her own personal gain, you may be entitled to recover […]