Zamansky, LLC: Protecting Clients with Yield Enhancement Strategy Losses Investors and those who follow financial news may have become aware of the increase in lawsuits forming against UBS, Merrill Lynch, Credit Suisse and other brokerage and advisory firms. Backlash against these companies is escalating due to the sale of yield […]
Author: Zamansky LLC
Note: This blog post was also posted in Seeking Alpha on 8/12/19. The market is bouncing wildly, and that should make Mom and Pop investors pause and take note. The S&P 500 hit new highs in mid-July, reaching 3,000. Then on Monday, it had its worst day of the year, […]
Former Riot Blockchain CEO, John O’Rourke, may be included as part of a criminal investigation that has been launched by federal authorities in relation to “microcap fraud.” According to a CNBC article, the probe runs parallel with a civil case that the SEC brought against O’Rourke and others who were […]
Riot Blockchain, a publicly-traded Bitcoin and Litecoin mining company previously known as Bioptix, recently announced that its auditors had found “material weaknesses” in the company’s internal controls for financial reporting. The cryptocurrency company, which reported holding more than $41.6 million in cash at the end of 2017, also reported that […]
As cryptocurrency trading continues to grow in popularity among casual investors, and as new initial coin offerings (including fraudulent initial coin offerings) become increasingly common, the Securities and Exchange Commission (SEC) is warning investors to be wary of the risk of cryptocurrency scams. In a recent Investor Alert, the SEC […]
The yield enhancement strategy (YES) is often pitched as a “safe” or “low-risk” option for investors who are interested in maintaining consistent returns. However, reality has recently shown that the investment products bought and sold under YES are extremely complex and risky. In recent months, many individual investors have come […]
Imagine your financial adviser selling you a bond fund that you thought was invested in low risk index or municipal securities only to find out that much of your holdings are in high-risk Chinese or Puerto Rico bonds. Unfortunately, that is the situation facing investors who may have unwittingly bought […]
As a shareholder in a publicly-traded or privately-held corporation, your top priority should be protecting your investment. The value of your shares is directly related to the corporation’s profitability, and you need to feel confident that the people who are in control of the company (its officers, directors and majority […]
Zamansky LLC attorney James Ostaszewski, who also serves on the New York City Bar Association’s Task Force on Puerto Rico, recently conducted an interview with New York City Bar President Roger Juan Maldonado and New York State Bar President Michael Miller, regarding a report that the bar associations jointly issued […]
Wall Street is notorious for saying one thing to investors and meaning something else. It’s called “doublespeak,” language that deliberately obscures, disguises or distorts the meaning of words. The term was coined after the great British writer George Orwell used the term “doublethink” to describe a reality that was completely […]