Have you suffered investment losses in an Atlas Energy limited partnership investment? If so, The White Law Group may be able to help.
The White Law Group is investigating potential securities fraud claims on behalf of investors who purchased risky oil and gas partnership investments, including Atlas Energy L.P, through their financial professional or brokerage firm.
According to its website, Atlas Energy, L.P. owns the general partner of Atlas Pipeline Partners, L.P., a midstream energy service provider that gathers and processes natural gas in the Mid-Continent region of the United States. Atlas Energy also sponsors tax-advantaged direct investment natural gas and oil partnerships through several Atlas entities.
We have spoken to investors in various series of Atlas Energy limited partnerships, including Atlas Energy 23 and 24, and it appears that certain of these partnerships have declined precipitously in value.
Brokerage firms have a fiduciary duty to only recommend investments that are appropriate for its client in light of the client’s age, investment experience, net worth, and investment objectives. Investments in oil and gas partnerships are speculative and complex and only suitable for sophisticated investors. Notwithstanding the risks and complexities of oil and gas partnerships, it appears that certain brokerage firms sold Atlas Energy limited partnerships to unsophisticated investors that should not have been placed in these investments.
These individuals may be entitled to recover their investment losses in a FINRA arbitration claim against the financial professional or brokerage firm that solicited the investment.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of an Atlas Energy limited partnership investment, please contact The White Law Group at 312-238-9650.
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 Boca Raton, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.
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