September 21, 2017 Comments (0) Blog, Current Investigations

Astenbeck Masters Commodities Fund II Investigation

Astenbeck Master Commodities Fund
(Last Updated On: September 22, 2017)

Investment Losses in Astenbeck Master Commodities Fund II

Did you suffer losses investing in Astenbeck Master Commodities Fund at the recommendation of your financial advisor? If so, the securities attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you my investment.

Astenbeck Master Commodities Fund II is the main fund of Astenbeck Capital Management. According to numerous reports, the hedge fund is shutting down due to large losses during the first part of the year.

A letter to investors this summer stated that the global crude market had “materially worsened.” It stated that OPEC has little control of the oil markets, and that $50 per barrel is the new normal, according to Bloomberg.

Unfortunately for investors, oil has not rebounded as once expected.  Crude prices went from over $100 a barrel in 2014 to close to $50 in August 2017. OPEC and other oil exporters have tried to drain a glut of oil by cutting their output, but the effort is taking longer than anticipated, according to reports.

Oil and gas investments are often high-risk investments, and often more complex than traditional investments. Hedge fund investments in oil and gas are also high risk.  FINRA registered broker-dealers are obligated to make recommendations to clients that are consistent with the clients’ risk tolerance, investment objectives, and financial situation.

If you have suffered losses investing in Astenbeck Master Commodities Fund II at the recommendation of your financial advisor and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 888-637-5510 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.

To learn more about The White Law Group, visit http://www.whitesecuritieslaw.com