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Zamansky LLC announces that on behalf of shareholders it is investigating Ebix, Inc. (“Ebix”) over the termination of the planned merger with a Goldman Sachs affiliate. The investigation concerns the alleged conduct of Ebix’s senior officers and directors. Zamansky LLC announces that on behalf of shareholders it is investigating Ebix, […]
Zamansky LLC announces that it is investigating sales practices of Guaranteed Income or Lifetime Income Riders or Supplements to variable annuity policies. Zamansky LLC announces that it is investigating sales practices of Guaranteed Income or Lifetime Income Riders or Supplements to variable annuity policies. In an investor publication on its […]
Zamansky LLC announces that it is investigating financial advisor Mark Morrow and sales of notes and equity interests in Detroit Memorial Partners LLC (“DMP”). The investigation also concerns investments in DMP by Angelo Alleca and Summit Wealth Management Inc. Zamansky LLC announces that it is investigating financial advisor Mark Morrow […]
Over a year ago, Congress passed the “Jump-Start Our Business Start-ups Act,” better known as the JOBS Act. Its supporters said the new law would create American jobs by making it easier for “start-ups” to raise money by issuing IPOs – initial public offerings of their shares. Sounds like a […]
Despite bringing the economy to the brink of collapse in 2008 with excessively risky investments, Wall Street appears to have learned nothing from this near-death experience. Rather than recommending investments of a safer nature, Wall Street is once again hawking the riskiest of investments. According to the Wall Street Journal’s […]
Zamansky LLC announces that it has begun an investigation of the suitability of investments in gold and silver funds for investors, in view of recent performance. On May 7, 2013, Reuters reported that gold prices were continuing to fall and that gold exchange traded funds had hit their lowest prices […]
Zamansky LLC announces that it is investigating sales of private investments by Kleiner, Perkins, Caufield & Byer, the venture capital firm with offices in Menlo Park and San Francisco, California. The investigation includes sales of private investments in Fisker Automotive Holdings, Inc., MiaSole and other green companies. Zamansky LLC announces […]
The pressure is mounting on hedge fund titan Steve Cohen. With the passing of each day, it must be increasingly tougher for Cohen to enjoy his fancy new toys, including that $60-million beachfront estate in the Hamptons and the $100-million Picasso. The Feds must indict Cohen by mid-July or pass […]
Zamansky LLC is investigating the Satellite Multi-Strategy Access Fund LLC (“Satellite Multi-Strategy”), and UBS Renaissance Institutional Equities Fund I, LLC (“UBS Renaissance”). These were private investment funds sold by UBS Financial Services Inc. (“UBS Financial Services”) and its financial advisors to the firm’s brokerage customers. According to filings with the […]
Zamansky LLC has filed a Financial Industry Regulatory Authority (FINRA) arbitration on behalf of a Pennsylvania couple. The couple is alleging that their brokerage firm, UBS Financial Services, Inc., wrongly recommended that they purchase over $50,000 worth of structured products issued by the now-bankrupt Lehman Brothers in their individual retirement […]