Written by 8:31 pm Blog, Securities Fraud Articles

Alerian MLP Investigation into Losses

The White Law Group is investigating potential claims to recover investment losses in Alerian MLP ETF (AMLP), and other energy-related master limited partnerships (MLP).

As low oil prices persist a number of MLPs, including Alerian MLP, have taken a hit. According to Barron’s, as of Dec 2015, Alerian was down 40% for the year.  Alerian closed yesterday at $9.71 per share.

Alerian MLP is a midstream master limited partnership that tracks the benchmark index. Like most MLPs, Alerian earnings come from the transportation, storage, and processing of energy commodities.

In recent years MLPs have become a popular way to structure oil and gas investments. Unfortunately for investors in these products, most oil and gas MLPs are down substantially in the last year.

The White Law Group is investigating the liability that brokerage firms and financial advisors may have for improperly recommending MLP investments.

Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Recommendations should be appropriate in light of the investor’s age, risk tolerance, net worth, and investment experience.

Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses in a FINRA arbitration claim.

If you lost money investing in the Alerian MLP ETF and would like to discuss your litigation options, please call the securities arbitration attorneys of The White Law Group at 888-637-5510 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. Visit our homepage to learn more about the firm.

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