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Zamansky LLC is pleased to announce that after years of litigation, U.S. District Judge Colleen McMahon of the Southern District of New York recently approved a $4.7 million settlement for the class of IBM workers in the case of Jander v. Retirement Plans Committee of IBM. Partner Samuel Bonderoff represented […]
Online publication, Original Jurisdiction, recently gave our securities litigation law firm a much-appreciated mention in its “Law Firm of the Week” section of its 07/03/21 Judicial Notice. Lawyer-turned-writer David Lat noted that securities fraud attorney Jake Zamansky and his team’s work on behalf of the plaintiffs ultimately led to a […]
Have You Suffered Losses with the UBS YES Strategy? UBS Is Currently Facing Multiple Investor Fraud Claims Related to Its Yield Enhancement Strategy. Like most large investment brokerage firms, UBS has faced its fair share of scrutiny in recent years. While the firm has been the subject of investigations targeting […]
If you’ve been following the media coverage of investor claims related to UBS yield enhancement strategy (YES) losses, you may have read that UBS prevailed in a couple of FINRA arbitration proceedings late last year. While this is the case, scores of claims against UBS and its brokers are continuing […]
Even if you don’t closely follow the stock market, you almost certainly heard about the Reddit-fueled GameStop stock rally in January 2021. After trading well under $20 per share throughout 2020, the company’s share price spiked to nearly $350 before settling back down in the $40 range (before rallying again […]
The Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC) regularly issue alerts warning of investment scams targeting seniors. Sadly, unscrupulous brokers, advisors and scam artists tend to target those who are most vulnerable, and this includes senior citizens who might not necessarily have the tools […]
As much of the world focuses on moving forward in 2021, individuals who invested in UBS’ yield enhancement strategy (YES) in 2020 and prior years are continuing to face significant struggles. Many investors lost millions investing in UBS’ YES strategy; and, due to the nature of this high-risk structured investment […]
BY NEVIN E. ADAMS, JD NOVEMBER 10, 2020 FIDUCIARY RULES AND PRACTICES Those who had hoped for some clarity—or perhaps a shift—in the standards involving where, and how, to draw the line between the obligations of corporate officials and ERISA plan fiduciaries—well, the Supreme Court has decided (again) not to […]
Via: www.jdsupra.com Securities Law Mr. Marcus then went on to discuss the Court’s per curiam dismissal and remand in Retirement Plans Committee of IBM v. Jander, 140 S. Ct. 592 (2020), regarding the intersection of the securities laws and the Employee Retirement Income Security Act (ERISA). Mr. Marcus noted that […]
In Law360’s latest weekly verdict, our own Jake Zamansky and Samuel Bonderoff were recognized for their representation of IBM employees in a case involving substantial stock declines that harmed their retirement savings. The article, in relevant part, states: “Rounding out this week’s legal lions list is Zamansky LLC. The Second […]