February 11, 2016
If you have significant losses on energy sector Master Limited Partnerships (MLPs) you may be able to recover damages if the broker improperly recommended the investment to you based on the fact that the MLP was a safe alternative to traditional fixed income investments. You may also have a claim if the broker over concentrated your account in MLPs or if you were sold the MLP based upon tax advantages that you did not need or could not use.
Many of these investments have tracked the historic decline in oil price suffering declines of over 50% in 2015. Some of the worst performing MLPs in 2015 include:
- Breitburn Energy Partners
- Cone Midstream Partners
- Energy Transfer Partners
- Enterprise Products Partners
- Goldman Sachs MLP Energy Infrastructure
- Highland Energy MLP Fund
- Linn Energy LLC
- Mainstay Cushing MLP Premier
- Plains All American Pipeline, L.P.
- Salient MLP & Energy Infrastructure II
- Tortoise MLP and Pipeline
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900