MIAMI, Dec. 22, 2015 (GLOBE NEWSWIRE) -- Sonn and Erez PLC, a law firm dedicated to representing investors, announces that it has been retained to represent investors who have suffered losses in the energy markets, including investors who were solicited to purchase investments in oil, gas and energy Master Limited Partnerships (“MLPs”), Stocks, Bonds and Funds. In the past year, energy prices have plunged, and along with it, investments in energy have plunged as well. Sonn and Erez has been retained to represent investors who were misled by their financial advisors or stockbrokers into believing that Master Limited Partnerships, bonds or stocks in the energy sector was safe for their retirement income. In many cases, financial advisors wrongly advised clients to purchase “overconcentrated” amounts of investments in energy, leading to large losses. In some cases, clients were misled into believing that the energy investment was not directly tied to the price of oil and that dividends were safe, which was not accurate.
“In many cases, oil and gas energy MLPs, bonds, stocks and funds are aggressive investments not suitable for conservative or moderate risk investors,” said Jeff Sonn, Esq. “Retired investors who needed to protect their nest egg should not have been advised to invest in the energy sector, or in many cases, were overconcentrated by their advisors,” added Jeff Erez, Esq. Sonn and Erez believes that many of these retiree and other investors have claims against the brokerage firm that recommended them because the recommendation may have violated the suitability rule imposed by the Financial Regulatory Authority, which prohibits unsuitable sales of investments to customers. Investors are encouraged to seek advice and discuss their legal rights, without obligation or cost by calling 1-866-372-8311 and speak to an attorney at Sonn and Erez.
Some of the companies that are in the energy sector are:
| Alerian MLP ETF |
| Alpha Natural Resources |
| Anadarko Petroleum |
| Atlas Pipeline Partners LP |
| BreitBurn Energy Partners LP |
| Buckeye Partners |
| Cheniere Energy Partners |
| Chesapeake Energy |
| Credit Suisse X-Links Cushing MLP Infrastructure |
| DCP Midstream Partners |
| Diamond Offshore |
| Enbridge Energy Partners LP |
| Encore Energy Partners |
| Energy Product Partners |
| Energy Transfer Partners |
| EV Energy Partners |
| First Trust North American Energy |
| Freeport-McMoran |
| JP Morgan Alerian MLP Index ETN |
| Kinder Morgan Energy Partners |
| Legacy Reserves LP |
| Linn Energy |
| Magellan Midstream Partners |
| Marathon Oil |
| MarkWest Energy Partners |
| MarkWest Energy Partners LP |
| NGL Energy Partners |
| Noble Energy |
| NuStar Energy LP |
| ONEOK Partners |
| ONEOK Partners LP |
| Pengrowth Energy Trust |
| Penn West |
| Plains All American Pipeline |
| Regency Energy Partners |
| Sunoco Logistics Partners |
| Transamerica MLP Fund |
| UBS Alerian MLP |
| Valero Energy |
| Vanguard Natural Resources |
| Williams Partners |
| Yorkville High Income MLP |
About Sonn and Erez PLC - Sonn and Erez is the largest law firm in the nation that specializes in representing individual and institutional investors in securities litigation and FINRA arbitration, Ponzi schemes, class actions, ERISA, hedge fund and mutual fund cases. Most cases involve negligence, fraud and securities law violations.
Contact: Jeff Sonn, Esq. or Jeff Erez Esq. Sonn and Erez, 200 S Biscayne Blvd. Suite 4330, Miami, Florida 33131. 305-428-8530 or 866-372-8311. jsonn@sonnerez.com; jerez@sonnerez.com