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Press Releases from Zwerling, Schachter & Zwerling, LLP (7 total)

Appeals Court Clears Way for Century 21 Class-Action Lawsuit

TRENTON, N.J. – A class-action lawsuit filed by Century 21 franchisees against Century 21 Real Estate Corp. and parent company Cendant is moving forward following a decision of the New Jersey Appellate Division. In August, New Jersey Superior Court Judge Robert J. Brennan certified a class of current and former Century 21 franchisees in a lawsuit alleging breach of contract and other claims against their franchisor, Century 21 Real Estate Corp.,

Consumers Ask California Appellate Court to Reconsider Cipro Anticompetitive Rev …

Cipro users forced to overpay for medications because Bayer and Barr Laboratories agreed to keep generic equivalent from marketplace, filing states SAN DIEGO – Attorneys representing plaintiffs who overpaid for the antibiotic Cipro are asking a California appellate court to reverse a lower court ruling that set aside antitrust claims against Bayer Corporation. The case involves the agreement Bayer made with generic competitors to prevent competition and to maintain Cipro

New York Law Firm Zwerling, Schachter & Zwerling to Pursue Securities Fraud Clai …

NEW YORK – The New York law firm of Zwerling, Schachter & Zwerling, LLP, has been retained by clients to pursue potential claims of securities fraud involving Dallas-based Provident Royalties, LLC. On July 7, 2009, the U.S. Securities and Exchange Commission filed suit against Provident Royalties and its three principals alleging securities fraud. Paul "Russ" Melbye, Brendan Coughlin and Henry Harrison are accused of engaging in a classic Ponzi scheme

Securities Fraud Law Firm Zwerling, Schachter & Zwerling Representing Madoff Fra …

Attorney Robert S. Schachter says Bank Medici and Bank Austria Implicated in Madoff Fallout NEW YORK – An international probe by the law firm Zwerling, Schachter & Zwerling is focusing on whether major Austrian banks used financial funds in Europe to fraudulently funnel billions into Bernard L. Madoff’s bogus investment enterprises, resulting in billions in losses for European parties. The New York-based law firm already is working with nearly a dozen individuals,

New York Law Firm Zwerling, Schachter & Zwerling, LLP Investigating “Feeder Fu …

NEW YORK – The New York law firm of Zwerling, Schachter & Zwerling, LLP, has been retained by clients that have asked the firm to investigate so-called “feeder funds” that helped deliver billions of dollars to investment adviser Bernard L. Madoff before the recent collapse of his investment businesses. Reports indicate Madoff has admitted to operating what amounted to a $50 billion Ponzi scheme. Feeder funds, such as the Fairfield Sentry Fund,

New York Law Firm Zwerling, Schachter & Zwerling, LLP Representing Victims in Ma …

NEW YORK – The New York law firm of Zwerling, Schachter & Zwerling, LLP, has been retained by individuals and entities that delivered hundreds of millions of dollars to investment adviser Bernard L. Madoff, who authorities say admitted to operating what amounted to a $50 billion Ponzi scheme. Since the December 11 arrest of Mr. Madoff, 70, the list of companies and individuals facing steep financial losses based on their dealings

Lehman Brothers Officers and Directors, UBS Sued Over Principal Protection Notes

NEW YORK – The New York law firm of Zwerling, Schachter & Zwerling, LLP has filed a securities class-action lawsuit against UBS Financial Services, Inc., a subsidiary of Zurich, Switzerland-based UBS AG (NYSE:UBS), as well as officers and directors of Lehman Brothers, based on financial losses suffered by investors who bought securities known as principal protection notes. Lehman Brothers issued the notes in question with UBS and Lehman serving as the

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