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Zamansky LLC is investigating possible securities law violations or breaches of fiduciary duties owed by shareholders by Chemed Corporation (“Chemed”) following the U.S. Department of Justice’s (“DOJ”) announcement that it filed a lawsuit against Chemed’s Vitas Hospice units (“Vita”) alleging that it knowingly overbilled the Government’s Medicare program (http://www.justice.gov/opa/pr/2013/May/13-civ-500.html (http://www.justice.gov/opa/pr/2013/May/13-civ-500.html)). […]
Zamansky LLC has filed a FINRA arbitration on behalf of a Buffalo, New York man in his late 60s against his brokerage firm, Merrill Lynch Pierce, Fenner & Smith, Inc. (“Merrill Lynch”). The case is FINRA No. 13-00646.
Zamansky LLC has filed another FINRA arbitration on behalf of a 49-year-old North Carolina man alleging that his brokerage firm, UBS Financial Services, Inc., wrongly recommended that he purchase $128,000 worth of structured products issued by the now-bankrupt Lehman Brothers in his individual retirement account. The case is FINRA No. […]
Below is a recent article published by securities lawyer Jake Zamansky on Forbes.com (5.1.13) The Securities and Exchange Commission needs to stop social media as a means of official corporate communication. It seems like anyone can access a high-profile Twitter account and move markets. This includes short sellers, disgruntled employees, […]
Securities fraud attorney Jake Zamansky appeared on CNBC today to discuss this week’s hack of the Associated Press’s Twitter account. The incident, in which a shadowy group called the “Syrian Electronic Army” hacked the AP Twitter account and falsely reported that there had been explosions at the White House and […]
Below is a recent article published by securities lawyer Jake Zamansky on Forbes.com (4/25/13) The Securities and Exchange Commission is worried that municipal bankruptcies, combined with an expected spike in interest rates, means that the muni bond market could face “Armageddon,” according to a report last week by SEC commissioner […]
Below is a recent article published by securities lawyer Jake Zamansky on Forbes.com (4/18/13) What do the Feds have to do to send a loud and clear message that insider trading is a serious crime with “hard-time” penalties if you are caught? Despite sending Raj and Gupta to the big […]
Below is a recent article published by securities lawyer Jake Zamansky on Forbes.com (4.4.13) Hedge fund king Steve Cohen has to be “public enemy number one.” Last week, one of Cohen’s top lieutenants, Michael Steinberg, was indicted by a federal grand jury on four counts of securities fraud and one […]
Below is a recent article published by securities lawyer Jake Zamansky on Forbes.com (3.19.13) It’s been a bad run the last week for Wall Street Titans.Most notably, two longstanding untouchables, JPMorgan chief Jamie Dimon and star hedge fund manager Steven Cohen, are now facing intense scrutiny for their roles in […]