Concerned about your investment in Peabody Energy Corp.?
Are you concerned about your investment in Peabody Energy Corp.? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
Peabody Energy, based in St. Louis, Missouri, is reportedly the largest private-sector coal company in the world. Its primary business consists of the mining, sale, and distribution of coal, which is purchased for use in electricity generation and steelmaking, according to reports.
The company filed a Form D in 2017 to raise capital from investors with the offering Peabody Energy Corp.
Unfortunately for investors, with stricter regulation on coal imports in China and carbon emissions, investing in coal is becoming a much riskier venture.
According to Bloomberg NEF’s New Energy Outlook 2018, coal plant economics are shifting, and many major markets such as the U.S., China, Germany and India are turning to solar and wind energy plants.
Further, alternative investment products, such as Peabody Energy Corp., involve a high degree of risk. They are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.
An additional risk inherent to these offerings is also the general risk that comes with the energy market. The energy market has seen enormous losses over the last few years due to the declining cost of oil and other energy commodities. These investments may seem wise at first, until the dramatic drop in distributions.
Investigating Potential Securities Claims
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling high-risk energy investments, like Peabody Energy Corp., to their clients.
Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.
Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration.
If you concerned about your investment in Peabody Energy Corp., The White Law Group may be able to help. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, please visit http://whitesecuritieslaw.com.
Tags: FINRA arbitration, Peabody Energy, Peabody Energy Corp. complaints, Peabody Energy Corp. investigation, Peabody Energy Corp. lawsuit, securities fraud attorneys Last modified: November 5, 2019