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These days, retirees on fixed incomes are undoubtedly very concerned about their investments and savings in general. For retiree investors who have been watching the stock market fall in recent days, you may be wondering what to do next or what options are available to you. If you are working […]
Author: Zamansky LLC
On April 4, 2022, InvestmentNews reported that GWG Holdings Inc. was on the verge of filing for bankruptcy. Citing confidential sources, the media outlet wrote that GWG, “which sold $1.6 billion in bonds backed by life settlements through a network of independent broker-dealers, is preparing to file for Chapter 11 […]
Investment fraud attorney Jake Zamansky and his team are investigating potential legal claims on behalf of investors who were customers of former Morgan Stanley financial advisor, Shawn E. Good, in Wilmington, North Carolina. On April 14, 2022, the Financial Industry Regulatory Authority (FINRA) permanently barred Mr. Good from any association […]
As part of our law firm’s investigation of Emerson Equity and other entities connected to GWG Holdings L Bonds, Zamansky, LLC was published in Businesswire, announcing our investigation of Tony Barouti. Barouti, of the Barouti Foundation, is a representative of Emerson Equity, and is a lead broker-dealer and underwriter of […]
“This was sold as being a relatively safe investment with modest returns,” Jake Zamansky, an attorney who specializes in securities and investment fraud, told Investment News. Read full article at: https://www.kansascity.com
We are investigating potential legal claims on behalf of investors who purchased the FS Energy and Power Fund (FSEN) through a brokerage firm. The FS Energy and Power Fund (FSEN) went public as a business development company formed to invest in gas, oil and energy companies. Over the past year, […]
Wall Street brokers such as UBS, Morgan Stanley and Merrill Lynch sold billions of dollars in complex “structured products or notes” to their retail customers in recent years. Brokers pitched the structured products as “low risk” bond-like investments with higher yields. Unfortunately, many customers were not told of the significant […]
Wells Fargo recently appealed a Georgia judge’s decision that the financial institution and its outside lawyer committed fraud on FINRA, rigging the investor dispute process and putting into question the fairness of the regulator’s entire arbitration system. We’ve discussed the legal woes surrounding Wells Fargo in the past; however, this […]
Many Iranian-Americans invested in GWG Holdings L Bonds after hearing a pitch by financial adviser Tony Barouti on his Persian-language radio show. As we have previously reported, our investment fraud attorneys are investigating and pursuing claims of alleged securities fraud, investment fraud, misrepresentation, breach of fiduciary duty, and other unsuitability violations toward […]
On February 10, 2022, the U.S. Senate passed a bill that seeks to give more rights to victims of sexual harassment and sexual assault in the workplace. The U.S. House of Representatives has passed the bill as well, and President Biden has indicated that he will sign the bill into […]