December 16, 2015 Comments (0) Blog, Securities Fraud

Recovery of Master Limited Partnership (MLP) Investment Losses

(Last Updated On: December 16, 2015)

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 312/238-9650 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information on the firm and its representation of investors in FINRA arbitration claims, visit http://www.whitesecuritieslaw.com.