Subjects: LAW, BCY
Five companies in stockbroker's high-risk recommendations including BreitBurn and LINN all declared bankruptcy - Claim alleges
FT. LAUDERDALE, Fla., June 20, 2017 /PRNewswire/ -- Five companies recommended in a stockbroker's high-risk strategy, including BreitBurn Energy Partners LP. (OTC: BBEPQ) and LINN Energy LLC (OTC: LNGG), all declared bankruptcy, a Claim filed by a former customer of a brokerage firm alleges.
The claim against Wells Fargo Advisors, a subsidiary of Wells Fargo (NYSE: WFC), was filed with FINRA by the Mark A. Tepper law firm, which is representing the Claimant's fight for recovery of losses that she suffered.
Among the claims alleged, is that Wells Fargo Advisors failed to supervise its broker, Jefferey M. Grayson, CRD # 728985.
The claim argues that the Claimant's "limited investment knowledge could not protect her from the broker's predatory practices." And that "Respondent did not disclose the high risk of substantial loss," the Claim alleges.
Investors who recovered losses in recent months after Brokers recommended Linn or BreitBurn have praised the Mark Tepper Law firm for its work in representing their claims. The law firm is continuing its investigation of alleged claims against brokerage firms for recommending LINN Energy LLC, LinnCo LLC, and/or BreitBurn Energy Partners LP. For a free case evaluation from the Mark A. Tepper law firm, email attorney Mark Tepper at [email protected] or call 954-961-0096.
About Mark A. Tepper, P.A. (www.MarkTepper.com)
Attorney Mark A. Tepper is the former Chief Trial Counsel at the New York Attorney General's Bureau of Investor Protection and Securities. He has earned the reputation of "Investor Advocate" while practicing law for over 35 years representing individual investors. FINRA arbitrators have upheld stockbroker fraud claims filed by Mr. Tepper against many brokerage firms. A member of the Florida, New York and California Bars, Mr. Tepper is peer-reviewed for 17 consecutive years as AV PREEMINENT® for ethical standards and legal ability. It's the highest rating of lawyers in the Martindale-Hubbell Law Directory.
MEDIA CONTACT:
Mark Hopkinson, NewsMark Public Relations
561-852-5767 [email protected]
SOURCE Mark A. Tepper, P.A.
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