Zamansky LLC Announces That It Is Investigating Raymond James Over Its Offerings of Alternative Investments to Investors.

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Zamansky LLC announces it is investigating Raymond James over its offerings of alternative investments under its RIA platform to retail investors.

Zamansky LLC announces it is investigating independent brokerage firm Raymond James over its offerings of alternative investments under its RIA platform to retail investors.

On August 13, 2013, Raymond James issued a press release announcing that it was expanding its platform to include alternative investments. Raymond James' platform is expected to include private equity, private real estate, multi-manager hedge funds, single manager hedge funds, managed futures, and alternative mutual funds.

Recently, on August 1, 2013, a FINRA arbitration panel issued an award for an investor against Raymond James for alleged misrepresentation in connection with the sale of an alternative investment. The case is FINRA No. 12-1905. The investment was the Grifphon Alpha 1 Fund, and the award was for $132,000 in compensatory damages.

According to attorney Jake Zamansky, this FINRA award confirms that alternative investments are at the highest end of risk spectrum as investments for retail investors. In some cases, he says, they may be too speculative. Sales of alternative investments also require stricter supervision, Zamansky states. Any investor who is concerned about an investment he or she holds, should have it reviewed by a professional, Zamansky states.

What Investors Can Do

If you invested in an alternative investment through Raymond James, and would like to have your account reviewed or 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 one of the leading securities fraud law firms specializing in securities class actions and FINRA securities arbitration. We are stock fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.

To learn more about Zamansky, please visit our website, http://www.zamansky.com.

Contacts

Zamansky & Associates, LLC
50 Broadway - 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake(at)zamansky(dot)com

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Jacob Zamansky
Zamansky & Associates LLC
212 742-1414
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