Can I recover my Oil & Gas investment losses?
/Oil & Gas Investment Fraud
The Oil & Gas fraud lawyers at Furgison Law Group are investigating claims agains brokerage firms that sold oil & gas stocks, high-yield bonds, Master Limited Partnerships (MLP), mutual funds and other related products. Investments in the oil and gas sector recently have suffered large losses after oil prices collapsed. Unfortunately, the investments, while providing generous yields, masked the substantial high risks of these investments.
Many stockbrokers encouraged investors, including many seniors, to invest in energy stocks, bonds, MLP’s and mutual funds as an allegedly conservative way to enjoy income and growth. Some brokers over-concentrated investors’ accounts in these investments and others may have failed to disclose the risks associated with these investments. Many of these investments were pitched to elderly and conservative investors because of the relatively high dividends and yields that the investments paid out. These losses are potentially recoverable through either FINRA arbitration claims against the brokerage firms that recommended the investments or lawsuits against the promoters of the investments.
State securities regulators around the country have been warning investors to beware of these oil and gas investment scams. High oil prices have created a heightened interest in investments in energy-related business ventures.
Specific Oil & Gas Investments under investigation:
- Enterprise Products Partners LP (EPD)
- Energy Transfer Partners LP (ETP)
- Magellan Midstream Partners LP (MMP)
- Plains All American Pipeline LP (PAA)
- MarkWest Energy Partners LP (MWE)
- Williams Partners LP (WPZ)
- Buckeye Partners LP (BPL)
- Enbridge Energy Partners (EEP)
- Sunocologistics Partners (SXL)ONEOK Partners LP (OKS)
Investors Have the Right to Recover Their Losses
Because the Oil & Gas investment were sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any Oil & Gas investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.
Can I recover my Oil & Gas investment losses?
Our law firm represents institutional and individual investors nationwide who have lost a substantial portion of their retirement savings or other assets. We represent securities investors in their disputes with their investment advisers or brokerage firms, related to losses caused by investments all types of Oil & Gas investments. Our securities arbitration attorneys have successfully represented hundreds of investors in broker dispute cases against large and small investment firms. We also have extensive experience working on the opposite side, defending the brokerage firms and financial advisers. We now use our knowledge of how the other side operates to get the best possible results for our clients.
Each lawyer and staff member of our firm is devoted to assisting investors to recover losses caused by fraud, misrepresentation, omissions of material facts, breach of fiduciary duty, conflicts of interest, self-dealing, unauthorized trades, selling away, unsuitability, over-concentration, or other wrongful acts, whether intentional or negligent. Whether in state or federal court, or in arbitration proceedings in FINRA or the American Arbitration Association ("AAA"), Furgison Law Group helps investors recover their investment losses.
If you lost money after investing in Oil & Gas, you may be able to recover your losses through securities arbitration. Our Oil & Gas securities fraud law firm is here to help our clients recover their losses. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Contact us TODAY for a FREE Case Evaluation. We will tell you if you have a case worth pursuing.