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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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Chicago, IL (Law Firm Newswire) April 14, 2014 – The Equal Employment Opportunity Commission (EEOC) settled its first systemic class-action lawsuit at the beginning on 2014 claiming a company violated the Genetic Information Nondiscrimination Act (GINA). “In this case, the EEOC sued an employer for asking, post job offer, that applicants obtain pre-employment medical examinations that included detailed questions about their family medical history,” recounts Timothy Coffey, a noted Chicago employment attorney. The lawsuit was filed in 2013 and resulted in a $50,000 settlement, as well as injunctive relief. It began when Founders Pavilion, Inc., a New York rehabilitation center […]


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Miami, FL (Law Firm Newswire) April 17, 2014 – Many Americans feel Obamacare is built on lies, resulting in a fiasco. Now, the need to push through immigration reform has taken on a note of desperation. “It’s interesting to note that many Americans feel they got ‘had’ when it comes to Obamacare. And now, it seems the Democrats are pushing immigration reform to happen soon. Now the President says it’s time to allow immigrants to fulfill their dreams, for Republicans to do the right thing. Really? If anyone else gets the sense this is a shell game, or diversionary tactic, […]


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New York, NY (Law Firm Newswire) April 17, 2014 – Zamansky LLC has filed several FINRA arbitrations on behalf of investors in the UBS Willow Fund LLC (“Willow Fund”) with tax losses. The arbitrations are against UBS Financial Services Inc. (“UBS”) which sold the Willow Fund to its brokerage customers. In 2013, the Willow Fund liquidated after investors suffered a 70% or more in losses. The Statements of Claim in these arbitrations allege that the Willow Fund materially deviated from its disclosed strategy of investing in distressed debt, and instead speculated in trading credit default swaps (CDS), including foreign sovereign […]


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Austin, TX (Law Firm Newswire) April 16, 2014 – Most people, when involved in an accident, remain at the scene. Some do not. “Motorcycle and car collisions are usually non-survivable for the biker. They do not have enough protection and usually end up being ejected from their ride. In this particular case, the 46-year-old biker and a white sedan were sharing an exit ramp that split into two lanes,” outlined Bobby Lee of Lee, Gober & Reyna, in Austin, Texas, not involved in this case. The sedan darted across several white lines into the northbound lane, where the biker and […]


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White Plains, NY (Law Firm Newswire) April 16, 2014 – Financial Literacy Month is being observed in April 2014. This is an excellent time to recognize the important role that financial literacy plays in individual economic security and the financial health of the nation. Many Americans are not well-informed about important financial issues that affect their everyday lives. Schools, parents, government agencies and financial institutions and advisers all have a role to play in helping to increase knowledge and understanding of critical economic issues. The overall lack of financial literacy among the general public is evident from a number of […]


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Lakeland, FL (Law Firm Newswire) April 15, 2014 – Online mugshots may suggest to viewers that the person is guilty. This is not necessarily the case. “Everyone who may be charged with a crime in the United States is innocent until proven guilty. There are a number of important statutes that uphold that right. Just because a person has been arrested and photographed and charged, does not automatically mean they are guilty. This is the reason for defense attorneys,” explains Thomas Grajek, a Lakeland criminal defense attorney. Defense attorneys represent the other side of the coin, because it could well […]


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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 13, 2014 – Zamansky LLC announces that it is investigating financial advisor José “Pepe” Ramos of Popular Securities, the brokerage arm of Puerto Rico’s biggest bank, Banco Popular. The investigation concerns his handling of brokerage customers’ accounts and possible unauthorized and unsuitable trades. Zamansky LLC reports that a FINRA arbitration was filed by boxer Felix “Tito” Trinidad, one of Ramos’ customers, to recover losses of $63 million in investments in Puerto Rico government bonds. Trinidad alleges that José “Pepe” Ramos made risky investments without his consent or knowledge. Trinidad also filed a lawsuit […]


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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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Southfield, MI (Law Firm Newswire) April 11, 2014 – A North Carolina hospital publically admitted it exposed 18 patients to Creutzfeldt-Jakob disease (CJD). “It came as a shock to hear Novant Health Forsyth Medical Center in Winston-Salem, NC admit to exposing 18 people to a rare and usually fatal disease,” indicates Daren Monroe of Litigation Funding, Michigan. “There is a high possibility some or all of those possibly affected may choose to file a lawsuit suggesting there was medical negligence by the hospital, surgeons and doctors.” According to court documents, the hospital facility exposed patients by not properly sterilizing instruments […]


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Waxahachie, TX (Law Firm Newswire) April 10, 2014 – In late February, U.S. News & World Report released its 2014 evaluation of the “Best Nursing Homes” across the country. The ratings cover every state and every major metropolitan area in the United States. An overall score from one to five is broken down into searchable components, including nurse staffing, fire safety and other common criteria. Happily, Texas boasted one of the highest “Best Nursing Homes” ratings in the country. Approximately 15 percent of the homes found in Texas have been awarded the coveted five-star rating for 2014. Only California, Ohio […]


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Sacramento, CA (Law Firm Newswire) April 10, 2014 – Serious sexual, physical, verbal and psychological abuse is revealed in a recent study released by the Special Investigations Division of the House Government Reform Committee. “The findings in this committee’s report are depressing,” indicates respected Sacramento nursing home abuse lawyer Deborah Barron. “It documents that 30 percent of the studied 5,283 nursing homes were sanctioned for close to 9,000 occurrences of abuse between January 1999 to January 2001.” The percentage of nursing facilities cited for violations has increased every year since 1996. The report detailed improper hygiene and sanitation issues, dehydration, […]


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Little Rock, AR (Law Firm Newswire) April 9, 2014 – “It’s no secret that hospital errors have a major impact on patient heath,” remarks Arkansas medical negligence lawyer, Michael Smith. “And, while many hospitals across America today have made efforts to limit the number of errors while treating patients, the number of serious injuries or deaths continues to climb.” Recent figures indicate that more than 440,000 patients die each year. Some medical facilities do a good job of recording their errors and instituting new safety procedures to reduce mistakes. Others seem to miss the boat and continue to make mistakes; […]


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Washington, D.C. (Law Firm Newswire) April 9, 2014 – Florida’s commercial trucking regulations are under scrutiny in the wake of a fatal accident involving a semitrailer. A collision between a semitrailer and a sedan on Interstate 75 resulted in the sedan driver’s death. Although the truck driver’s commercial license (CDL) was nearly free of violations, his total driving history included 27 violations. That personal history did not prevent him from lawfully obtaining a commercial driver’s license. Now, a Florida legislator wants to pass a law that would prevent such circumstances. “It’s common sense that at some point, a history of […]


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Los Angeles, CA (Law Firm Newswire) April 8, 2014 – The success or failure of a patent appeal often comes down to the persuasiveness of the applicant’s written argument. Further, appeals filed on or after January 23, 2012 are subject to recent rule changes. Los Angeles patent attorney Pejman Yedidsion explains how to draft a persuasive appeal brief that abides by the new rules. “The argument is the most important part of an appeal brief,” Yedidsion says. “The Appellant must convince the appeal board’s judges that the Examiner committed an error in rejecting the claims and explicitly identify the error […]


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Austin, TX (Law Firm Newswire) April 8, 2014 – For those employed on jobsites in Texas, it is vital to understand how workers’ compensation operates. “It’s important for workers to know that the workers’ compensation system in Texas allows employers to offer medical benefits and lost earnings to a worker involved in a jobsite accident,” explains Austin workplace injury lawyer, Brooks Schuelke of Perlmutter & Schuelke, LLP. Some Texas employers maintain insurance that covers the costs of work-related accidents, insurance which limits an employer’s liability if a worker files a lawsuit seeking damages for personal injuries. However, in the Lone […]


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Chicago, IL (Law Firm Newswire) April 7, 2014 – Employers are legally obligated by the Americans with Disabilities Act (ADA) to talk to a disabled worker about reasonable accommodations for them, even if they are on final suspension before being fired. “In Spurling v. C&M Fine Pack, Inc. (No. 13-1708), the court outlined what an employer must do in discussing with them reasonable accommodations for their disability, even if they are about to be let go,” explains well respected Chicago employment lawyer, Timothy Coffey. The facts of this case indicated that plaintiff Spurling had worked for this company since 2004. […]


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Waxahachie, TX (Law Firm Newswire) April 4, 2014 – In the autumn of 2013, UnitedHealthcare dropped thousands of doctors across the country from its Medicare Advantage plans. At least ten states were affected. Nearly 16 million people are enrolled in Medicare Advantage, and many struggled to make the adjustments needed before the December enrollment deadline. These struggles sparked a national concern: how does Medicare Advantage protect seniors when private insurance companies make changes? Under Medicare Advantage, the federal government reimburses insurance carriers for their care of beneficiaries. UnitedHealthcare is one of the leading providers. When an insurance company makes a […]


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Waxahachie, TX (Law Firm Newswire) April 4, 2014 – In the autumn of 2013, UnitedHealthcare dropped thousands of doctors across the country from its Medicare Advantage plans. At least ten states were affected. Nearly 16 million people are enrolled in Medicare Advantage, and many struggled to make the adjustments needed before the December enrollment deadline. These struggles sparked a national concern: how does Medicare Advantage protect seniors when private insurance companies make changes? Under Medicare Advantage, the federal government reimburses insurance carriers for their care of beneficiaries. UnitedHealthcare is one of the leading providers. When an insurance company makes a […]


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