Energy Stocks and Oil and Gas Investment Losses
Investments in energy company stocks and high-yield bonds issued by oil and gas companies recently have suffered large losses after oil prices collapsed. Many stockbrokers encouraged investors, including many seniors, to invest in energy stocks and oil and gas master limited partnerships (MLPs) as an allegedly conservative way to enjoy income and growth. Some brokers over-concentrated investors’ accounts in these investments and others may have failed to disclose the risks of the investments.
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Investors who lost money in energy investments may have claims for unsuitable investment recommendations and other forms of broker misconduct, such as over-concentration or misrepresentations. Contact a Dimond Kaplan & Rothstein investment fraud lawyer for a free consultation about your rights and abilities to recover your investment losses.
