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New York, NY (Law Firm Newswire) June 11, 2014 – Zamansky LLC announces that it is investigating independent broker-dealer firms for churning, unsuitable investments and other sales practice violations. According to Jacob Zamansky, stock fraud attorney for over 25 years, as the stock market has reached new highs, financial advisors have been under pressure to keep up. Our firm has seen incidents of churning by financial advisors and sales of riskier and more speculative investments than investors want, Zamansky states. Zamansky states that financial advisors at the smaller, independent brokerage firms may be in a position of trust where they […]


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New York, NY (Law Firm Newswire) May 25, 2014 – Zamansky LLC announces that it has filed a FINRA arbitration for West Coast couple who claim to have suffered approximately $750,000 in losses from the UBS Willow Fund LLC (“UBS Willow Fund”). The FINRA arbitration is against UBS Financial Services Inc. (“UBS”) which sold the UBS Willow Fund to its brokerage customers. In 2013, the UBS Willow Fund finally liquidated after investors suffered 70% or more in losses. The Statements of Claim alleges that the UBS Willow Fund materially deviated from its disclosed strategy of investing in distressed debt, and […]


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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) 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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Tampa, FL (Law Firm Newswire) December 27, 2013 – The United States House Subcommittee on Energy Policy, Health Care and Entitlements has opened hearings with testimony on the SSA’s struggles with its disability program. A subcommittee of the House Oversight and Oversight Reform Committee launched hearings November 19 on the Social Security Administration. The Republican-controlled body headlined its mission on the committee website as one of overseeing the SSA’s “mismanagement of federal disability programs.” The SSA officials who offered opening statements did acknowledge some of their agency’s ongoing problems. Inspector General Patrick P. O’Carroll Jr. shed some light on the […]


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Tampa, FL (Law Firm Newswire) November 20, 2013 – More than $128 billion flows through the country’s Social Security Disability Insurance (SSDI) system. Incidences of fraud are inevitable, so the SSDI has hired a cadre of private investigators to catch the perpetrators. “The increase in fraud and the ensuing investigations of any questionable claims has slowed the entire process down,” commented Tampa Social Security disability attorney David W. Magann. “For anyone going through the Social Security Disability Insurance system, it’s best to work with someone who can help guide them through that legal maze.” The number of people receiving disability […]


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Jacksonville, FL (Law Firm Newswire) September 30, 2013 – A bill has been introduced in the Senate that would expedite disability benefits for the terminally ill. The bill was introduced by two Republican Senators of Wyoming, John Barrasso and Mike Enzi, and Senator Sherrod Brown, Democrat of Ohio. The bill would eliminate the five-month wait time for terminally ill patients who are applying for Social Security Disability Insurance (SSDI) benefits. Terminally ill patients are defined as those who have been diagnosed with a medical condition that is expected to result in a life expectancy of six months or less. “This […]


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Zephyrhills, FL (Law Firm Newswire) September 23, 2013 – An investigation into Social Security disability fraud led to the arrest of 75 people in Puerto Rico. The case was the first instance of large-scale arrests for fraud since the rapid expansion of Social Security Disability Insurance (SSDI) seen over the last several years. Zephyrhills Social Security disability attorney Robert Alston said he was pleased to see the action taken. “The nation’s disability insurance program is under enough financial strain as it is without criminals engaging in outright fraud to take taxpayer funds,” Alston said. “Investigating and prosecuting such large-scale abuses […]


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Austin, TX (Law Firm Newswire) September 20, 2013 – A well-known Texas investor and philanthropist has been sued in an investment dispute. Ted Skokos is accused of breach of contract, fraud and breach of fiduciary duty in the lawsuit filed by Arthur Abbey. The lawsuit claims that in 2005 Abbey made a $4 million investment in 3F Therapeutics, a medical device company founded by Skokos, with the parties agreeing that Skokos would get 20 percent of profits after Abbey received capital from his investment. The complaint alleges that profits were taken out before Abbey was paid back. “An investment deal […]


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Cleveland, OH (Law Firm Newswire) September 2, 2013 – This case involved a man who apparently received unnecessary heart surgeries. He was caught in the middle of a health care fraud case. “Although this reported case, Julian Peacock et al. v. Peninsula Regional Medical Center, et al., took place in Maryland, the court’s decision does have ramifications for other jurisdictions,” said Tom Robenalt, a Cleveland medical negligence lawyer with Mellino Robenalt. The court declined to toss a medical malpractice lawsuit out of court filed by a husband and wife who were told that the husband’s numerous heart stent surgeries were […]


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Waxahachie, TX (Law Firm Newswire) June 25, 2013 – Seniors in Texas are at high risk from Internet scams and financial elder abuse. According to the FBI’s 2012 Internet Crime Report, Texas ranked third in the nation in the number of complaints received about Internet fraud. This type of scam is just one way that thieves can take advantage of seniors. Older people are also at risk for in-person and telephone scams and for theft and fraud by caregivers and other service providers. “It is very important to be aware of the various ways that financial elder abuse can be […]


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Zephyrhills, FL (Law Firm Newswire) May 16, 2013 – Auto insurance fraud, by most measures, is more widespread in Florida than in any other state. The National Insurance Crime Bureau (NICB) conducted an analysis of staged accidents occurring from 2007 to 2009 nationwide. According to the report, Florida was the top state for staged accidents during that period, at 3,006. Second place went to New York, with just over half that number. “Florida, unfortunately, is home to a great deal of insurance fraud, but local measures are improving the situation,” commented Zephyrhills accident attorney Robert Alston. The report also listed […]


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New York, NY (Law Firm Newswire) November 8, 2011 – Susan M. Peterson, Vice President and COO of Kessler International, was named a Finalist in the Best Executive – Service Businesses category for the 8th annual Stevie Awards for Women in Business. “It is a tremendous privilege to be named a Finalist for this year’s Stevie Awards for Women in Business,” said Ms. Peterson. “I have spent the past two decades working tirelessly to deliver results to our clients, and to be recognized for that is an honor.” Ms. Peterson has spent the last 20 years of her career fighting […]


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