Concerned about your investment losses in Natural Resource Partners LP?
Have you suffered losses investing in Natural Resource Partners LP? If so, the securities attorneys of The White Law Group may be able to help you by filing a FINRA Dispute Resolution Claim against the brokerage firm that sold you the investment.
After a rebound in stock prices in 2017, the company’s share price has reportedly dropped again, close to 35% in the past 6 months.
Natural Resource Partners L.P. reportedly owns and manages coal properties in Appalachia, the Illinois Basin, and the Western United States. The Company leases coal reserves to experienced mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments.
Master Limited Partnerships (MLPs), like Natural Resource Partners LP, are a type of limited partnership that is publicly traded. MLP’s receive the same tax benefits of a limited partnership combined with the liquidity of a publically traded security. In order to be classified as an MLP the partnership must receive 90% of its cash flow from a “qualifying source” – such as real estate, natural resources or commodities.
MLPs are extremely complex and risky, making them only suitable for wealthy, sophisticated retail investors or institutional investors. The high fees they generate may cause unscrupulous financial advisors looking to maximize their own commissions to recommend them improperly.
Investigating Potential Lawsuits
The White Law Group continues to investigate the liability that brokerage firm may have for unsuitably recommending Natural Resource Partners LP to investors.
Brokerage firms are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success.
Further, they must evaluate whether the investments are suitable in light of the client’s age, net worth, 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.
If you suffered losses investing in Natural Resource Partners LP or another MLP and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.
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, visit www.whitesecuritieslaw.com.Tags: Natural Resource Partners LP, Natural Resource Partners LP class action, Natural Resource Partners LP current value, Natural Resource Partners LP distributions, Natural Resource Partners LP investigation, Natural Resource Partners LP investment, Natural Resource Partners LP losses, Natural Resource Partners LP performance, Natural Resource Partners LP recovery options Last modified: October 17, 2019