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Written by 5:28 pm Blog, Securities Fraud Articles

Energy Future Holdings Files Bankruptcy

Have you suffered financial losses as a result of investing in Energy Future Holdings? If so, The White Law Group may be able to help you recoup some of your losses.

According to Energy Future Holdings website, the electric utility company, formerly known as TXU Corp, filed for chapter 11 bankruptcy. In addition, the U.S. Bankruptcy Court granted the company’s relief requested allowing normal operations to continue, including customer programs, employee wages and payments to vendors.

While this might seem like good news, investors will likely remain at the end of a long line as far as earning returns on their investment. As such, The White Law Group is investigating the liability broker dealers may have for selling Energy Future Holdings investments.

Broker dealers have responsibility to perform adequate due diligence to determine the legitimacy of any investment and the likelihood of success. In addition, broker dealers must have a reasonable bases for all investment recommendations based on the client’s age, net worth, investment experience, risk tolerance, and investment objectives. If a broker-dealer fails to perform adequate due diligence or makes unsuitable investment recommendations they can be held liable for investment losses.

To determine whether you may be able to recover investment losses incurred as a result of your investment in Energy Future Holdings, please contact the securities attorneys of The White Law Group at 312-238-9650 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 Boca Raton, Florida.

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.

Tags: , , , , , , , , , , Last modified: January 5, 2023