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Zamansky LLC Investigates Platinum Partners Value Arbitrage Fund

July 12, 2016 Investigations

The law firm is investigating the Platinum Partners Value Arbitrage Fund (“Platinum”) over its decision to close, and reported losses suffered  in Echo Therapeutics.   Platinum’s founder Murray Huberfeld was arrested June 8, 2016, and charged with allegedly paying a $60,000 “kickback” to Norman Seabrook, President of the NYC Corrections Officers Benevolent Association, in exchange for an investment in the fund. On June 14, 2016, Platinum said it was going to close down its main fund.

Our law firm is investigating whether Platinum violated any fiduciary duties or any investment restrictions in the management of its investments.

If you are an investor in Platinum and wish to have your investment reviewed, please contact our firm for an evaluation.  You can contact Jake Zamansky by telephone at (212) 742-1414 or by email at jake@zamansky.com.