» Commercial Litigation Law

New York, NY (Law Firm Newswire) June 15, 2014 – Zamansky LLC has filed a FINRA arbitration on behalf of an elderly investor against Oppenheimer & Co. Inc. (“Oppenheimer”) who claims that her accounts were churned by her financial advisor. The case is FINRA TN 1400862. The Statement of Claim in the arbitration alleges that the claimant, who is an 85 year-old investor, had her and her late husband’s accounts churned and excessively traded by their financial advisor at Oppenheimer. Although they needed to preserve their money, the Statement of Claim alleges that the Oppenheimer financial advisor concentrated their accounts […]


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New York, NY (Law Firm Newswire) June 9, 2014 – Zamansky LLC announces that it is investigating Higher One Holdings Inc. (NYSE: ONE) for a possible shareholder derivative action. Higher One provides technology and payment service to the higher education industry and is based in New Haven, CT and incorporated in Delaware. The investigation concerns allegations of breaches of duties owed to shareholders by the officers and directors. On May 12, 2014, Higher One disclosed in its quarterly financial statement filing with the SEC that it is facing penalties from the Federal Reserve over alleged violations tied to its marketing […]


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Wilmington, DE (Law Firm Newswire) June 2, 2014 – Morris James LLP is pleased to announce that Judge Charles H. Toliver, IV will join the firm in June, 2014, at the completion of his second 12-year term as Judge of the Delaware Superior Court. Judge Toliver was initially appointed to the bench in 1990 by Delaware Governor Michael N. Castle and reappointed in 2002 by Governor Thomas R. Carper. Judge Toliver will be a partner in the Litigation Practice and a member of the firm’s Alternative Dispute Resolution Group. Judge Toliver’s practice will center upon civil, corporate and domestic relations […]


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BETHESDA, Md. (Law Firm Newswire) May 29, 2014 – Bluestone Law International (“BLI”) today announces that it has secured a significant post-judgment recovery in U.S. federal court in Chicago, on behalf of a leading international export credit insurer, through garnishment proceedings against a prominent third-party financial institution. After obtaining a judgment in September 2013, BLI led an aggressive and creative effort to have the judgment satisfied on behalf of its client. Through federal and Illinois post-judgment discovery and enforcement mechanisms, BLI was able to locate assets sufficient enough to cover the balance of the judgment and interest. After tracing, identifying […]


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New York, NY (Law Firm Newswire) May 16, 2014 – Michael G. Kessler, President & CEO of Kessler International was named a Finalist in the Accounting Executive of the Year category in The 2014 American Business Awards, and will ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program. Further, Kessler International was named a Finalist in the Accounting Company of the Year category, and will also ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program. The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. […]


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New York, NY (Law Firm Newswire) May 14, 2014 – Zamansky LLC announces that it is investigating the Campbell Strategic Allocation Fund, Campbell Global Trend Fund and other managed futures funds (“Campbell Funds”). The investigation is over the suitability of the Campbell Funds, and the sales of these funds to brokerage customers by their brokerage firms. According to investment fraud attorney Jacob Zamansky, as managed futures funds, the Campbell Funds have substantial risks associated with leverage and the speculation involved in their trading strategy. These funds are suitable or appropriate only for investors willing to speculate or bear substantial risk […]


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New York, NY (Law Firm Newswire) May 13, 2014 – Zamansky LLC announces that it is investigating Doral Financial Corporation (NYSE: DRL)(“Doral”), and its officers and directors for potential securities fraud. The investigation concerns the truthfulness and accuracy of Doral’s financial statements, in view of recent events. On May 1, 2014, Doral announced that it was advised by the Federal Deposit Insurance Corporation that the bank could not include some or all of the its receivables from the Puerto Rican government in its calculation of Tier 1 capital.  Puerto Rico tax receivables accounted for $289 million of the bank’s approximately $679 million of Tier 1 Capital as […]


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New York, NY (Law Firm Newswire) May 7, 2014 – Zamansky LLC announces that it is investigating Unilife Corporation (UNIS), the medical device manufacturer, for potential securities fraud or breach of fiduciary duties owed to shareholders.  The investigation concerns whether Unilife made materially false or misleading statements to its investors, as alleged in a whistleblower lawsuit. The federal court lawsuit was filed on August 30, 2013 (E. D. Pa. Case No. 13-CV-5101) by former employee Talbot Smith, and alleges not only false statements made to investors but a scheme whereby UNIS engaged in false purchases to boost the appearance of […]


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New York, NY (Law Firm Newswire) April 18, 2014 – Zamansky LLC warns investors who hold Accumulator and Equi-Vest variable annuity contracts issued by AXA Equitable Life Insurance Company (“AXA Equitable”) that are invested in AXA Tactical Manager Strategy (“ATM”) managed funds. The warning is that investors who held these variable annuities invested in the ATM managed portfolios may have suffered lower investment returns since 2009. On March 17, 2014, AXA Equitable agreed to pay a $20 million to settle an investigation by the New York State Department of Financial Services (“DFS”) which began in 2011. The DFS investigation concerned […]


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New York, NY (Law Firm Newswire) April 14, 2014 – Zamansky LLC announces that it is investigating Gigamon, Inc. (NYSE: GIMO) for potential violations of the federal securities laws stemming from possible misrepresentations and omissions concerning the Gigamon’s reliance on certain customer contracts. On April 7, 2014, after the market closed, Gigamon announced that expected revenue for the first quarter ending March 29, 2014, would be $31 – $31.5 million, down from previous guidance offered on February 4, 2014 of $34 – $35 million. The 10% drop in revenue was attributed primarily to a contract that did not materialize from […]


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New York, NY (Law Firm Newswire) April 12, 2014 – Zamansky LLC announces that it is investigating the acquisition of Zygo Corporation (NASDAQ: ZIGO) by AMETEK, Inc., whereby AMETEK will acquire all outstanding shares of Zygo common stock for the consideration of $19.25 per share in cash. The investigation concerns whether this offer significantly undervalues Zygo because of its strong cash position, having reported $90 million in cash or $5.00 per share. Effectively, in view of this cash, AMETEK will only be paying $14.25 per share for Zygo, which is below Zygo’s closing price of $14.68 on April 10, 2014. […]


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Sacramento, CA (Law Firm Newswire) April 3, 2014 – This case may the first of its kind. The California Attorney General’s office filed a lawsuit against the Kaiser Foundation Health Plan for allegedly violating the unfair competition law. “This case stems from a personal information and security breach and delayed notification of this breach,” explains respected Sacramento business lawyer, Deborah Barron. The outcome of the case may have a significant impact on how and when companies that are governed by California’s breach notice law provide notice to those who are affected by such a breach. This is a similar situation […]


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New York, NY (Law Firm Newswire) April 3, 2014 – Zamansky LLC announces that it is investigating the legal rights of General Motors’ (GM) car owners over its recent recalls due to safety concerns. Since February 2014, GM has announced the recall of over 2.6 million cars due to ignition switch defects. The defects have allegedly caused several deaths.   The cars involved are the following: 2005 – 2010 Cobalts 2006 – 2010 Pontiac Solstices 2007 – 2010 Pontiac G5s 2007 – 2010 Saturn Skys 2006 – 2011 Chevrolet HHRs 2003 – 2007 Saturn Ions According to news reports, GM’s […]


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Sioux City, IA (Law Firm Newswire) March 28, 2014 – The Law Offices of Crary, Huff, Ringgenberg, Hartnett & Storm, PC are pleased to announce that Jeremy Saint has been made a principal with the law firm. Jeremy has been with the firm since 2007 and practices primarily in, but is not limited to, the areas of real estate, business and corporate law. He is a member of the Iowa State Bar Association and the Woodbury County Bar Association. He is a 2007 graduate of the University of Iowa College of Law, where he graduated with high distinction. Jeremy received […]


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If you are an investor and wish to have the investment reviewed or discuss your legal rights, you may, without obligation or cost to you by calling (212) 742-1414. New York, NY (Law Firm Newswire) March 28, 2014 – Zamansky LLC announces that it is investigating alleged price manipulation in the gold market via the London “Fix”, a widely-used price benchmark, and losses suffered by investors in gold funds, gold stocks and gold futures trading. The Fix is used to price gold in industrial contracts, and is embedded in gold derivatives such as futures, options and swap contracts. It is […]


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If you are an investor and wish to have the investment reviewed or discuss your legal rights, you may, without obligation or cost to you by calling (212) 742-1414. New York, NY (Law Firm Newswire) March 21, 2014 – Zamansky LLC announces that it is investigating AXA Equitable Life Insurance Company (“AXA Equitable”), the large insurance company, over its Accumulator and Equi-Vest variable annuity contracts invested in AXA Tactical Manager Strategy (“ATM”) managed sub-accounts. The investigation concerns whether investors who held these variable annuities invested in the ATM managed portfolios were damaged by reduced investment returns over the past several […]


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If you are an investor in the Colony Investments VIII Fund, and wish to have the investment reviewed or discuss your legal rights, you may, without obligation or cost to you by calling (212) 742-1414. New York, NY (Law Firm Newswire) March 19, 2014 – Zamansky LLC announces that it is investigating the Colony Investments VIII LP (“Colony Investments VIII”) over alleged losses as high as 60%. Colony Investments VIII is a private fund that was launched in 2007 by Colony Capital LLC, which manages billions of dollars of investor money in approximately 16 funds. Colony Capital was founded in […]


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Participants are paid to review branding material and provide feedback on proposed designs. San Francisco, CA (Law Firm Newswire) March 18, 2014 – When law firms rebrand, create new marketing literature or design a new website, they want to know what their target market thinks. Anyone who has hired a lawyer in the United States after 2004 can now receive compensation for participation in a Custom Legal Marketing focus group. To qualify, a focus group participant must have retained a lawyer within the last 10 years. Both the focus group member and the retained attorney must have been (and be) […]


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Corpus Christi, TX (Law Firm Newswire) February 5, 2014 – Attorney Alex Hernandez Jr., normally practices on the plaintiff side of the bar but when a small business owner called him and told him she was being sued Hernandez stepped in and represented the small business owner on the defensive side. The small business owner had no insurance and was being sued for over six figures. Hernandez litigated the case for over a year and at the end it was his client who got the best end of the deal, they settled for pennies compared to what the small business […]


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Austin, TX (Law Firm Newswire) January 31, 2014 – An error in a noncompete agreement led a Texas court to reject an injunction request. The Fourteenth Court of Appeals ruled that LasikPlus of Texas could not enforce a covenant not to compete against a doctor, formerly employed by the clinic, who planned to open his own practice nearby. They stated that the noncompete agreement did not include language required by statute. “The court’s decision is a reminder that covenants not to compete must be drafted with precision,” said Gregory D. Jordan, an Austin business attorney and Austin employment lawyer who […]


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