Investigating Potential Claims – Tallgrass Energy Partners LP
Are you concerned about your investment in Tallgrass Energy Partners LP? If so, The White Law Group may be able to help you.
Tallgrass Energy Partners is an oil and natural gas pipeline company organized as a master limited partnership, founded in 2013. Tallgrass Energy Partners LP is a Regulation D private placement. Companies often raise capital through these type of investments.
The trouble with Reg D Private Placements, like Tallgrass Energy Partners LP, is that they involve a high degree of risk. They are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.
An additional risk inherent to Tallgrass Energy offerings is also the general risk that comes with the energy market. The energy market has seen enormous losses over the last few years due to the declining cost of oil and other energy commodities. These investments may seem wise at first, until the dramatic drop in distributions.
Many oil and gas LPs are struggling to make distribution payments and some may end up defunct.
Investigating Potential Claims
The White Law Group is investigating the liability that brokerage firms may have for improperly selling oil and gas investments like Tallgrass Energy Partners LP to investors.
Broker dealers that sell private placements are required to perform adequate due diligence on all investment recommendations. They must ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
Alternative investments such as these, have high sales commissions and due diligence fees. These high commissions and fees can provide brokers with an enormous incentive to push the product to unsuspecting investors who do not fully understand the risks. They may even focus on the income potential and tax benefits while downplaying the risks.
Fortunately, FINRA does provide for an arbitration forum for investors to resolve such disputes. 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 found liable for investment losses in a FINRA arbitration claim.
Free Consultation with a Securities Attorney
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Tallgrass Energy Partners LP or another private placement investment, please contact The White Law Group at 1-888-637-5510 for a free consultation.
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 Franklin, Tennessee. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.