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Energy Sector Investments

From 2011 through much of 2014, the energy sector experienced steady and significant gains led by rising oil prices. Beginning in late 2014, the energy sector sharply declined and many large companies that issued stocks and/or bonds connected to the energy sector, became insolvent and declared bankruptcy. This event caused massive investor losses.

Oil, gas, and energy stocks were heavily marketed to consumer investors, including to senior citizens and other conservative investors, as investments that would generate high income with little to no downside risk. There were inadequate institutional controls in place to monitor client exposure to energy sector investments if and when the market for these securities changed.

Many investors in oil, gas, and energy stocks, funds and master limited partnerships suffered steep declines in the value of their investments with little or no prospect of recovery in the near term. Examples of failed energy sector investments include:

  • Sandridge Energy
  • Linn Energy
  • Seadrill, Ltd.
  • Transocean
  • Seadrill Ltd.
  • Chesapeake Energy
  • Peabody Energy
  • Arch Coal
  • Alpha Natural Resources
  • Swift Energy
  • OPI Steelpath MLP Income C
  • Cobalt International Energy
  • Cushing MLP Total Return Fund
  • Goldman Sachs MLP Energy Return Fund
  • Center Coast MLP & Infrastructure Fund
  • Kayne Anderson MLP
  • Clearbridge American Energy MLP
  • Center Coast MLP Focus A
  • CVR Refining
  • Breitburn Energy Partners
  • Atlas Resource Partners
  • Vanguard Natural Resources
  • Energy XXI
  • Penn West Petroleum
  • Natural Resource Partners
  • EnerVest Oil and Gas Fund
  • NorthEast Securities bond transactions
  • Mountain V Oil and Gas Investment
  • Wedbush Investments
  • Ridgewood Energy Fund
  • Atlas Resource Partners
  • Mewbourn Oil Investments
  • Peabody Energy
  • Reef Oil and Gas Development Fund III
  • Arch Coal
  • Layton Energy Wharton LP
  • Bradford Drilling and Exploration
  • Texas Energy Exoro
  • Alliance Resource Partners
  • Cloud Peak Energy
  • Pinacle Partners

The Wolper Law Firm has extensive experience handling claims involving energy sector investments. If you believe that you were improperly sold energy sector securities and have experienced unexpected losses in these investments, please contact the Wolper Law Firm for a free consultation and case evaluation.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]