Recovery of Investment Losses in MLP investments
Have you suffered losses in a Master Limited Partnership (MLP) investment? If so, the securities attorneys of The White Law Group may be able to help you recover those losses from the brokerage firm or financial advisor that recommended the investment.
In the United States, a master limited partnership (MLP) is a limited partnership that is publicly traded on an exchange qualifying under Section 7704 of the Internal Revenue Code. In theory, it combines the tax benefits of a limited partnership with the liquidity of a publicly traded security.
In the last few years, MLPs have become a popular way to structure energy/oil and gas investments. According to Morningstar, from the start of 2010 to the end of 2014, a net $44 billion flowed into MLP mutual funds and exchange-traded funds.
Not surprisingly given how the oil market has tanked, but 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.
If your financial advisor over-concentrated your portfolio in MLPs, you may have a viable claim to recover your losses. Financial advisors are required to make suitable investment recommendations, accounting for your age, income, net worth, investment experience, and investment objectives. Diversification is the key to reducing risk. As such, over-concentrated exposure to any sector or investment (but particularly volatile industries like oil and gas which are so dependent on global demand and supply), can be unsuitable for many investors.
The White Law Group is investigating the liability that brokerage firms may have for making bad bets on MLPs, including, but not limited to:
Legacy Reserves MLP
TC Pipelines LP
American Midstream Partners
JP Energy Partners LP
Targa Resources Partners LP
Enbridge Energy Partners LP
Columbia Pipeline Partners
Williams Partners LP
Midcoast Energy Partners LP
World Point Terminal LP
Markwest Energy Partners LP
Crestwood Equity Partners LP
Shell Midstream Partners LP
Rice Midstream Partners LP
Linn Energy Upstream LP
Legacy Reserves MLP
Alerian MLP ETF
Mid-Con Energy Partners
Enlink Midstream Partners LP
DCP Midstream Partners LP
Antero Midstream Partners LP
Enable Midstream Partners LP
Southcross Energy Partners LP
Cone Midstream Partners LP
If you lost money investing in one of these MLPs 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. For more information on the firm and its representation of investors in FINRA arbitration claims, visit http://whitesecuritieslaw.com.
Tags: Alerian MLP ETF, American Midstream Partners, Columbia Pipeline Partners, Crestwood Equity Partners, Enbridge Energy Partners LP, JP Energy Partners LP, Legacy Reserves MLP, Linn Energy Upstream LP, Markwest Energy Partners LP, Midcoast Energy Partners, MLP attorney, MLP investigation, MLP lawyer, Shell Midstream Partners, Targa Resources Partners LP, TC Pipelines LP, Williams Partners LP, World Point Terminal LP Last modified: January 16, 2018