Of Current Interest

TW Tax Advantaged Fund, L.P.

The Law Offices of Cary S. Lapidus is currently representing clients of First Republic Investment Management, Inc. and First Republic Securities Company, LLC who purchased units in the TW Tax Advantaged Fund LLC.   The Administrative Manager of the Fund is First Republic Investment Management, Inc.

We have recently filed an arbitration proceeding against First Republic alleging that the investment was unsuitable for our clients who had conservative investment objectives and a low tolerance for risk.  The lawsuit further alleges that First Republic and its representative misrepresented numerous aspects about the investment in the TW Tax Advantaged Fund, LLC including the risk of the investment, the alleged investment in the Fund by First Republic principals and other material facts.

Investors who purchased units of the TW Tax Advantage Fund have lost up to 70% of their money.

For more information about the lawsuit against First Republic involving the TW Tax Advantaged Fund LLC, please contact Cary S. Lapidus at 415-296-7101 or by e-mail at Cary.Lapidus@gmail.com

MAT 5 Fund- Smith Barney

The Law Offices of Cary S. Lapidus is currently representing clients of Smith Barney (a division of Citigroup) who purchased units in the MAT 5 limited partnership.  MAT 5 is a hedge fund issued by Citigroup which used a high amount of leverage to engage in a municipal bond arbitrage strategy.  Through its Smith Barney brokers, Citigroup represented these funds as safe alternatives to traditional fixed income products with a better yield.

We have filed an arbitration proceeding against Smith Barney for our clients who had conservative investment objectives and did not wish to be invested in an investment that involved high risk.  The lawsuit further alleges that Smith Barney and its representatives misrepresented many aspects about the investment in MAT 5 including the safety of the investment. 

Investors who purchased units of the Mat 5 investment have lost up to 80% of their money.

For more information about the lawsuit against Smith Barney/Citigroup involving Mat 5, please contact Cary S. Lapidus at 415-296-7101 or by e-mail at Cary.Lapidus@gmail.com

Stone & Youngberg Municipal Advantage Fund I, L.P.

The Law Offices of Cary S. Lapidus is currently representing clients of Stone & Youngberg, LLC who purchased limited partnership units in the Stone & Youngberg Municipal Advantage Fund I, L.P.   The General Partner of this investment is named S&Y Asset Management (SYAM) , an affiliate of Stone & Youngberg, LLC.

We have recently filed an arbitration proceeding with FINRA against Stone & Youngberg, LLC and its representatives alleging that the investment was unsuitable for our clients who had conservative investment objectives and a low tolerance for risk.  The lawsuit further alleges that Stone & Youngberg, LLC misrepresented numerous aspects about the investment in the Stone & Youngberg Municipal Advantage Fund I, L.P.  including the nature and risk of the investment.  The claim alleges that misrepresentations about the safety of the investment was made through misleading marketing materials and oral statements by Stone & Youngberg, LLC representatives. 

Investors who purchased limited partnership units of the Stone & Youngberg Municipal Advantage Fund I, L.P. have lost 100% of their money as of March 31, 2007. 

For more information about the lawsuit against Stone & Youngberg, LLC involving the Stone & Youngberg Municipal Advantage Fund I, L.P. , please contact Cary S. Lapidus at 415-296-7101 or by e-mail at Cary.Lapidus@gmail.com