United States Natural Gas Fund L.P. Securities Investigation
Are you concerned about investment losses in United States Natural Gas Fund L.P. (UNG)? If so, the securities attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration Claim against the brokerage firm that sold you the investment.
The United States Natural Gas Fund LP (UNG) is an exchange-traded security that is designed to track in percentage terms the movements of natural gas prices. UNG issues shares that may be purchased and sold on the NYSE Arca.
The investment objective of UNG is for the daily changes in percentage terms of its shares’ net NAV to reflect the daily changes in percentage terms of the price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the Benchmark Futures Contract, less UNG’s expenses.
UNG reportedly invests primarily in listed natural gas futures contracts and other natural gas related futures contracts, and may invest in forwards and swap contracts. These investments will be collateralized by cash, cash equivalents, and US government obligations with remaining maturities of two years or less.
Unfortunately for investors, UNG Net Asset Value (NAV) has declined close to 37% in the past year. According to its prospectus, “Commodity trading is highly speculative and involves a high degree of risk. Commodities and futures generally are volatile and are not suitable for all investors. An investor may lose all or substantially all of an investment.”
Investigating Potential Lawsuits
The White Law Group is investigating the liability that brokerage firms may have for recommending United States Natural Gas Fund L.P. Unfortunately for many investors they did not fully understand the risks of investing in exchange traded funds.
Brokerage firms are required to perform adequate due diligence to evaluate whether the investments they recommend are suitable in light of the client’s age, net worth, risk tolerance, investment experience, and investment objectives.
Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
The White Law Group believes certain financial advisors have been recommending high risk energy investments improperly to income seeking retired investors – focusing on the income potential of the investments while downplaying or ignoring the risks.
Recovery of Investment Losses
If you suffered losses investing in United States Natural Gas Fund L.P. at the recommendation of your financial advisor, please call the securities attorneys at The White Law Group at 888-637-5510 for a free consultation.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group, please visit https://whitesecuritieslaw.com.
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