high yield debt | Law Firm Newswire

New York, NY (Law Firm Newswire) January 26, 2016 – Zamansky LLC announces an investigation into potential claims by investors who were customers of brokerage firms for sales practice violations of certain structured products. The investigation concerns the Credit Suisse X-Links and Velocity Shares Exchange Traded Notes which are issued by Credit Suisse Group A.G., ADR (NYSE:CS), and the JP Morgan Strategic Volatility Index and Double Short Leverage Note linked to the JP Morgan US Treasury Note Futures Tracker. “These types of notes are commonly known as structured products and they use embedded derivatives to enhance returns and track an […]


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New York, NY (Law Firm Newswire) January 19, 2016 – Zamansky LLC announces that it is investigating the Waddell and Reed’s Ivy High Income Fund for excessive risk and lack of disclosure. The Ivy High Income Fund is a high yield debt mutual fund that is registered under the Investment Company Act of 1940. It is managed by a subsidiary of Waddell & Reed Financial Inc., a public company with over $71 billion under management, and has retail and institutional share classes (Fund symbols: WHIAX, WHIBX and WRHIX). On December 15, 2015, Bloomberg News reported that Waddell & Reed Financial […]


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New York, NY (Law Firm Newswire) January 19, 2016 – Zamansky LLC announces that it is investigating various high yield bond funds listed below for potential securities law suitability violations. Since 2009, many investors, particularly retirees or those seeking income, have invested in high yield bond and income mutual funds on the advice of their broker or financial advisor. These high yield funds were sold as secure, high quality income-generating investments that had modest risk. In truth, high yield bond and income mutual funds can be high risk and speculative due to their concentration in unrated or below investment grade-rated […]


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