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San Juan – Experienced investment fraud law firm Zamansky, LLC, led by New York attorney Jacob Zamansky and Puerto Rico attorney Marie Elsie López Adames, appeared today in front of hundreds of Puerto Ricans who have suffered millions of dollars in losses due to improper recommendations, misrepresentation and misrepresentations in […]
Desde ayer, la Asociación para la Reglamentación de la Industria Financiera (Finra, por sus siglas en inglés) tiene ante su consideración la reclamación de un segundo inversionista de Puerto Rico, quien alega perdió unos $870,000 como secuela de su inversión en fondos mutuos gestionados por UBS Financial Services of Puerto […]
Over the past few weeks this blog has addressed the storm to hit individual investors who own municipal securities issued by The Commonwealth of Puerto Rico. First it was major securities houses in August and September ordering tens of thousands of brokers to stop selling these Muni Bonds to clients. […]
“Aquí lo que ha habido es un fraude. A todos nosotros nos pintaron la panacea. Nos decían que era seguro”. Eso dijo a El Nuevo Día, Antonio Pineda (nombre ficticio para proteger su identidad), un hombre que se aproxima a los 70 años de edad y quien llegó hasta el […]
Will the Supreme Court stop judges from getting too creative with the Securities Litigation Uniform Standards Act? Click here to view the full article.
Zamansky LLC investigates UBS Financial Services Inc. of Puerto Rico over its financial advisors and alleged sales of leveraged bond funds. The investigation concerns both sales practices of the advisors and the sale of proprietary bond funds by UBS. Zamansky LLC investigates UBS Financial Services Inc. of Puerto Rico (“UBS […]
On February 20, 2015, Zamansky LLC filed a class action lawsuit in the United States District Court, Southern District of New York, on behalf of an investor individually and on behalf of all other investors who purchased or otherwise acquired common stock of Virtus Investment Partners Inc. (NASDAQ: VRTS) (“Virtus”) […]
It’s the peak of Hurricane Season, and tropical storms are churning in the Gulf of Mexico and threatening Louisiana and Texas. Likewise, UBS clients on the island of the Commonwealth of Puerto Rico are waking up to a storm all their own; potentially hundreds of millions of dollars of losses […]
Zamansky LLC is investigating the sales by UBS Financial Services (“UBS”) of structured notes based on its V10 Currency Index. On February 7, 2015, Bloomberg reported that the U.S. Department of Justice was probing whether UBS misled customers in the sales of its structured notes and products linked to its […]
The law firm is investigating the common stock of Virtus Investment Partners Inc. (“Virtus”) which trades on the NASDAQ stock market under symbol “VRTS” for potential securities fraud violations. Virtus is a financial services company based in Hartford, Connecticut which offers a wide range of mutual funds, exchange-traded funds (ETFs), […]