Investigating Potential Claims involving Breitburn Energy Partners
Have you suffered losses investing in Breitburn Energy Partners? If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.
Breitburn Energy Partners manages oil and gas producing properties for the purpose of generating cash flow and making distributions to its unitholders. Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it. Breitburn Energy Partners ended the 4th quarter of 2014 down approximately 64.2%.
Is a MLP the right investment for you?
A Master Limited Partnership (or MLP) such as Breitburn Energy Partners, is a type of limited partnership that is publicly traded. MLPs receive the same tax benefits of a limited partnership combined with the liquidity of a publicly traded securities. But investors in such companies can lose more than 100 percent of their investment if the company does not make a profit.
Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success. They must evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
How to Recover your Investment Losses
If you suffered losses investing in Breitburn Energy Partners, you may be able to recover your losses. For a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.