Investment Losses in Eagle Rock Energy Partners LP
Are you concerned about investment losses in Eagle Rock Energy Partners LP? If so, the attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
Eagle Rock Energy Partners LP together with its subsidiaries, develops and produces oil and natural gas properties in the United States. The company also engages in ancillary gathering, compressing, treating, processing, and marketing services with respect to its production of natural gas, natural gas liquids, condensate, and crude oil. It has interests in operated and non-operated wells located in various oil and gas producing regions, such as the Mid-Continent, Alabama, Permian, and East Texas/South Texas/Mississippi, according to Bloomberg.
According to reports, Vanguard Natural Resources bought Eagle Rock Energy Partners LP for $614 million. Eagle Rock has become a wholly owned indirect subsidiary of Vanguard Natural Resources as part of the merger agreement.
Vanguard may have bitten off more than it could chew, since the company recently filed Chapter 11 Bankruptcy protection.
Recovery of Investment Losses
The White Law Group is investigating the liability that brokerage firms may have for selling high risk energy sector investments such as Eagle Rock Energy Partners LP.
Broker dealers are required to perform adequate due diligence on all investment recommendations to ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Eagle Rock Energy Partners LP or another high risk energy investment, please contact The White Law Group at 1-888-637-5510 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. For more information on the firm, visit www.WhiteSecuritiesLaw.com.