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.