Notice of Investigation by the Peiffer Rosca Wolf Law Firm into Sales Practices of Investments in BreitBurn Energy, Reef Oil and Gas, Other Energy Businesses by Investment Professionals
The Peiffer Rosca Wolf law firm has commenced an investigation into
sales practices by securities-licensed professionals who recommended
that their clients invest in securities issued by BreitBurn Energy, Reef
Oil and Gas, and other energy businesses.
BreitBurn Energy is an independent oil and gas limited liability
partnership that focuses on the acquisition, exploitation, and
development of oil and natural gas properties in the United States. Reef
Oil and Gas Companies is a limited liability company that focuses on oil
and natural gas exploration, production, and property acquisitions.
While investments in BreitBurn Energy and Reef Oil and Gas may have been
suitable to some investors – and no misconduct on the part of these
entities is being alleged – they were unsuitable for other investors,
given the risks surrounding such energy business investments.
Investigation by the Peiffer Rosca Wolf lawyers suggests that some
financial planners, brokers, and other investment professionals
allegedly encouraged their clients to invest in energy companies with
the promise of large payouts, despite the fact that such investments
often presented a high degree of risk. Such inappropriate sales
practices may have caused many investors to face substantial losses.
The Peiffer Rosca Wolf securities practice lawyers Alan Rosca and Joe
Peiffer are investigating inappropriate investment recommendations by
certain investment advisors to the investing public, surrounding energy
businesses, and are preparing to take action.
What You May Do
If you have information that would assist the Peiffer Rosca Wolf law
firm in its investigation or would like to discuss your legal rights,
you may, without obligation or cost to you, contact the Peiffer Rosca
Wolf attorneys Alan Rosca or Joe Peiffer by email at arosca@prwlegal.com or
by telephone, toll free at 888-998-0520.
About Peiffer Rosca Wolf
Peiffer Rosca Wolf Abdullah Carr & Kane, A Professional Law Corporation
(“Peiffer Rosca Wolf”) prosecutes securities actions throughout the U.S.
For important information about the Peiffer Rosca Wolf law firm, please
visit www.securitieslitigators.com.
Attorney Advertising. Prior cases do not guarantee a similar outcome.
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and lawyer admissions.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151112006705/en/
Copyright Business Wire 2015
Source: Business Wire
(November 12, 2015 - 5:43 PM EST)
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