How Family Offices Can Recover Investment Fraud Losses


As the April 15 tax filing deadline approaches, many family offices will be seeing investment losses in their clients’ accounts.  Often, the losses result, not from a market or business downturn, but from investment fraud by the issuers or sellers of complex and opaque investment products.

Zamansky LLC is leading the fight to recover investor losses in the Yield Enhancement Strategy, also knowns as the YES Strategy, which was sold by UBS and other brokerage firms.  The research indicates that the YES Strategy was falsely marketed with the promise of a “low-risk”  investment when, in fact, the strategy was an extremely complex and risky options trading strategy, which resulted in substantial losses.

Losses are also incurred in complex products such as hedge funds and structured products.  Hedge funds, at times, deviate from the stated investment strategy promised to investors and engage in “style drift” which may result in losses.

Complex structured products are often sold based on false promises of low-risk investments and lack liquidity.

Fortunately, there are options for family offices seeking to recover losses from these unsuitable products which were sold based on misrepresentations.

Jacob (Jake) H. Zamansky is one of the country's foremost authorities on securities litigation and arbitration. Zamansky LLC, the New York-based law firm he founded, is a trend-setting firm which represents investors in cases against their financial advisors for fraud and unsuitable investment recommendations. The firm has been at the forefront of efforts to clean up Wall Street and have won game changing cases in which investors have recovered their losses resulting from stockbroker and investment fraud. Zamansky has decades of experience as a securities litigator, including working at Skadden Arps, Slate, Meagher and Flom LLP. He also served as a federal prosecutor with the Federal Trade Commission.

A native of Philadelphia, Mr. Zamansky has been a frequent expert commentator on CNBC, CNN, and FOX News and has published opinion pieces in The Wall Street Journal, Financial Times and USA Today. He is regularly quoted and his cases have been chronicled in major financial and news publications including The New York Times, USA Today, Washington Post, BusinessWeek, Fortune and Forbes. He is a frequent lecturer for industry and legal groups around the Country. He also writes a blog that can be viewed at

For more information, call 212-742-1414, email or visit He can recover YES losses on a success only contingent fee basis in a FINRA investment fraud case.