New York, New York (PRWEB) November 28, 2013
Zamansky LLC announces that it is investigating J.C. Flowers II over alleged losses on behalf of its investors and the lawsuit filed in the MF Global bankruptcy proceeding. J.C. Flowers II is a private fund managed by J. Christopher Flowers, noted private equity investor with offices in New York.
On October 31, 2011, Bloomberg News reported that J.C. Flowers II faced a loss of $47.8 million based on its investment in M.F. Global preferred stock. Bloomberg News also reported that J.C. Flowers II suffered losses from investments in German lender Hypo Real Estate Holding AG and Japanese bank Shinsei Bank Ltd.
On October 31, 2013, MF Global Holdings Ltd. filed a lawsuit against J.C. Flowers to recoup $20 million of dividends paid to the firm and other investors before its bankruptcy filing. The complaint was filed as an adversary proceeding in the MF Global Holdings Ltd. bankruptcy, U.S. Bankruptcy Court, Southern District of New York, Case No. 11-15059 (MG).
According to stock fraud attorney Jacob Zamansky, investors with losses in J.C. Flowers II should have the investment reviewed by a professional, Zamansky states.
What JC Flowers Investors Can Do
If you are a JC Flowers II investors who has suffered a loss, and wish to discuss your legal rights, you may, without obligation or cost to you, email jake(at)zamansky(dot)com or call the law firm at (212) 742-1414.
About Zamansky LLC
Zamansky LLC is a leading stock law firm specializing in securities class actions and shareholder litigation. We are securities fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover investment losses.
To learn more about Zamansky LLC, please visit our website, http://www.zamansky.com.
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Jake Zamansky, 212-742-1414