Breitburn Energy Partners Investment Losses
Have you suffered losses investing in Breitburn Energy Partners? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim against the brokerage firm that recommended Breitburn Energy Partners to you.
Breitburn Energy Partners filed for chapter 11 bankruptcy protection May 15. Distributions to common shareholders were cut, then suspended last year. Papers filed in the U.S. Bankruptcy Court in New York, state that Breitburn has assets of $4.7 billion and debts of $3.4 billion as of March 31.
Breitburn is an independent oil and gas master limited partnership (MLP) focused on the acquisition, exploitation, development and production of oil and gas properties in the United States, according to its website. An MLP is a limited partnership which trades publicly on an exchange and thus, provides not only the tax benefits of a limited partnership, but also the liquidity of publicly traded securities.
The White Law Group has filed a number of claims involving high risk MLP investments like Breitburn Energy Partners. The firm continues to investigate potential claims against the broker dealers that sold these high risk investments onto unsuspecting investors.
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.
Recovery of Investment Losses
If you have invested in Breitburn Energy Partners and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 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 Vero Beach, Florida. To learn more about The White Law Group visit www.whitesecuritieslaw.com.Tags: Breitburn Energy Partners LP attorney, Breitburn Energy Partners LP bankruptcy, Breitburn Energy Partners LP Chapter 11, Breitburn Energy Partners LP class action, Breitburn Energy Partners LP current value, Breitburn Energy Partners LP debt reorganization, Breitburn Energy Partners LP debt restructuring, Breitburn Energy Partners LP default, Breitburn Energy Partners LP distributions, Breitburn Energy Partners LP investment losses, Breitburn Energy Partners LP K-1, Breitburn Energy Partners LP lawsuit, Breitburn Energy Partners LP lawyer, Breitburn Energy Partners LP NAV, Breitburn Energy Partners LP recovery options, Breitburn Energy Partners LP redemption program, Breitburn Energy Partners LP secondary market, broker churning, Chicago broker fraud attorney, Chicago churning attorney, Chicago FINRA attorney, Chicago investment fraud attorney, Chicago securities attorney, Chicago securities lawyer, churning turnover ratio, Excessive brokerage fees, Excessive buying and selling securities, excessive financial advisor commissions, excessive financial advisor fees, Excessive stockbroker commissions, Excessive stockbroker fees, financial advisor account churning, financial advisor Churn & burn, financial advisor churning attorney, financial advisor churning lawyer, financial advisor Excessive commissions, Financial advisor Excessive fees, financial advisor Excessive transactions, Financial advisor frequent trades, Florida churning attorney, Florida churning lawyer, Frequent broker commissions, Frequent brokerage fees, how much trading is too much, Illinois churning attorney, Illinois churning lawyer, investment advisor account churning, investment advisor churn and burn, investment advisor excessive commissions, investment advisor excessive fees, investment advisor excessive transactions, investment advisor frequent trades, stockbroker Account churning, stockbroker churning and burn, stockbroker churning attorney, stockbroker churning lawyer, stockbroker excessive commissions, stockbroker excessive fees, stockbroker excessive transactions, Stockbroker frequent trades, Vero Beach investment fraud attorney, Vero Beach securities attorney, Vero Beach securities lawyer, what is churning, what is excessive trading, what turnover ratio is considered churning Last modified: March 25, 2019