Zamansky LLC Announces Its Investigation of the Suitability of Investments in Gold and Silver Funds In View of Recent Performance
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 since 2009.
The investigation concerns whether investments in gold funds were suitable for certain investors. According to Jake Zamansky, “Many conservative investors flocked to gold and silver funds during the financial crisis to avoid risk. However, gold, silver, metals and commodities funds can be volatile and speculative investments that are not suitable for a conservative, risk-averse investor.” Any investor who did not want a high risk level and who lost money in one of these funds should have the investment reviewed for suitability, Zamansky believes.
What Gold or Silver Fund Investors Can Do
If you lost money in a gold or silver fund, and would like to us to review your investments or discuss your legal rights, you may, without obligation or cost to you, email jake[at]zamansky[dot]com or call the law firm at (212) 742-1414.
About Zamansky LLC
Zamansky LLC is one of the leading law firms specializing in securities fraud and financial services arbitration and class action litigation. We represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.
To learn more about Zamansky, please visit our website, http://www.zamansky.com.
Zamansky LLC, LLC
50 Broadway – 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414