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Our law firm is currently investigating potential claims against FINRA brokerage firms who sold their customers an investment in an oil and gas partnership called Atlas Energy L.P., including Atlas Energy 23 and Atlas Energy 24. Atlas Energy (NYSE: ATLS) is a publicly-traded master limited partnership (“MLP”) which owns the general partner of Atlas Pipeline Partners, L.P., a midstream energy service provider engaged in the gathering and processing of natural gas in the Mid-Continent region of the U.S., namely in Oklahoma and Texas. Atlas Energy is also a leading sponsor of tax-advantaged direct investment natural gas and oil partnerships, a business which it has operated for over 40 years through several Atlas entities.
Investors who have sustained damages in Atlas Energy or are locked in the investment may be able to recover their investment by filing a securities arbitration claim against brokerage firms who solicited them to invest in the product. In many cases, MLPs are unsuitable for investors. Further, some clients may have been advised to invest in MLPs without being advised of all of the risks associated with these products.
If you invested in a MLP including Alpha Energy and sustained investment losses, contact KlaymanToskes for a free consultation.