Category: UBS
Posted by admin - January 6, 2013 - Lehman Brothers Stock Loss, Lehman Class Action, UBS
Zamansky & Associates Announces That Lehman Structured Noteholders May Not Be Protected By The Class Action Against UBS NEW YORK–(BUSINESS WIRE)–Zamansky & Associates have analyzed the class action case pending in New York against UBS for the sale of Lehman Brothers Structured Products and announces that all noteholders may not be covered by the class [...]
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Posted by admin - March 10, 2012 - Lehman Brothers News, Principal Protected Notes, UBS
NEW YORK–(BUSINESS WIRE)–Zamansky & Associates advises all holders of Lehman Brothers 100% Principal Protection Notes (including those sold by UBS) that they should carefully guard their legal rights in light of recent developments. It was just announced that Lehman was emerging from bankruptcy proceedings. Debt holders are scheduled to begin receiving partial payments in April [...]
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Posted by admin - September 30, 2011 - UBS, Wall Street
Below is a recent article published by Securities Lawyer Jake Zamansky on Forbes.com website: A 31-year-old trader just cost UBS $2.3 million and its CEO. Jerome Kerviel collared Societe Generale with losses of $7.2 billion with his so-called “rogue” trading. In March 2008, 100-year-old investment bank Bear Stearns collapsed, its stock price falling from $160 [...]
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Posted by admin - September 21, 2011 - Lehman Brothers News, UBS
Last Thursday marked the three-year anniversary of the spectacular collapse and bankruptcy of Lehman Brothers. Fittingly enough, the next morning a UBS trader in London was arrested on fraud charges for his role in a trading scheme that triggered losses of at least $2.3 billion at the increasingly rickety Swiss investment bank. Lehman’s collapse shattered the [...]
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Posted by admin - September 13, 2011 - FINRA, Lehman Brothers News, Principal Protected Notes, UBS
Securities Lawyers Zamansky & Associates have issued a Notice to Lehman Brothers Structured Note Holders Purchased via UBS Recent months have brought a flurry of activity for investors who purchased Lehman structured notes, particularly through UBS. Each of the developments may have an impact on the legal rights of those investors. First, in June, UBS [...]
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Posted by admin - September 7, 2011 - Lehman Brothers News, Principal Protected Notes, UBS
FROM SECURITIES LAWYER JACOB ZAMANSKY In a closely watched federal case underway in New York, The Hon. Judge Lewis Kaplan has dealt a devastating blow to UBS. The Court refused to dismiss a class action complaint alleging that UBS misled investors in connection with its sales of so-called “Principal Protection Notes” issued by the now-defunct [...]
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Posted by admin - June 21, 2011 - Arbitration Award, Principal Protected Notes, UBS
Notes didn’t protect Croce’s principal — once issuer Lehman went belly up; at least 40 cases still pending June 14, 2011 UBS AG, Switzerland’s biggest bank, will pay Pat Croce, former part-owner of the Philadelphia 76ers basketball team, about $2 million to compensate for losses on structured products backed by Lehman Brothers Holdings Inc. A [...]
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Posted by admin - April 11, 2011 - Principal Protected Notes, UBS
Since our firm won the first case against UBS in the Fall of 2009, we have known this day was coming. Now, it’s official. FINRA has fined UBS $2.5 million and ordered it to pay restitution to some of its retail customers as a result of its misconduct in selling so-called 100% Principal Protection Notes [...]
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Posted by admin - March 25, 2011 - Lehman Brothers News, Lehman Brothers Stock Loss, UBS
Zamansky & Associates continues to file claims on behalf of investors of so-called “100 Percent Principal Protected Notes,” which were issued by Lehman Brothers. Investors were improperly sold 100 Percent Principal Protected Notes by brokers at major Wall Street firms including UBS, which sold as much as $1 billion worth of the product. As the name clearly suggests, Principal Protected Notes were [...]
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