ATTENTION CHESAPEAKE ENERGY EMPLOYEES:  KlaymanToskes Continues Investigation into Damages of More Than $500,000 Sustained in Chesapeake Energy Stock with Full-Service Brokerage Firms

ATTENTION CHESAPEAKE ENERGY EMPLOYEES: KlaymanToskes Continues Investigation into Damages of More Than $500,000 Sustained in Chesapeake Energy Stock with Full-Service Brokerage Firms

National investment fraud law firm, KlaymanToskes (“KT”), continues its investigation into damages of more than $500,000 sustained by current/former employees who held large positions in Chesapeake Energy (NYSE:CHK) stock at full-service brokerage firms. Investment portfolios holding large positions can carry significant downside risks. The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of large concentrated positions that resulted in investors suffering substantial losses. Employees may have accumulated concentrated investments in Chesapeake Energy stock due to their participation in employer-sponsored plans or merger acquisitions.  No matter what the reason for maintaining a concentrated stock position, a…

CHK INVESTOR ALERT:  KlaymanToskes Continues Investigation into Damages of More Than $500,000 Sustained in Chesapeake Energy Stock with Full-Service Brokerage Firms

CHK INVESTOR ALERT: KlaymanToskes Continues Investigation into Damages of More Than $500,000 Sustained in Chesapeake Energy Stock with Full-Service Brokerage Firms

National investment fraud law firm, KlaymanToskes (“KT”), continues its investigation into damages of more than $500,000 sustained by investors who held large positions in Chesapeake Energy (NYSE:CHK) stock at full-service brokerage firms. Investment portfolios holding large positions can carry significant downside risks. The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of large concentrated positions that resulted in investors suffering substantial losses. Investors may have accumulated concentrated investments in Chesapeake Energy stock, due to their participation in employer-sponsored plans, financial advisor recommendations, or merger acquisitions.  No matter what the reason for maintaining a concentrated stock…

FSKR INVESTOR ALERT: KlaymanToskes Investigates Full-Service Brokerage Firms for Unsuitable Investment Recommendations Regarding Franklin Square KKR Capital II Fund

FSKR INVESTOR ALERT: KlaymanToskes Investigates Full-Service Brokerage Firms for Unsuitable Investment Recommendations Regarding Franklin Square KKR Capital II Fund

National investment fraud law firm, KlaymanToskes (“KT”), announces an investigation into full-service brokerage firms for the unsuitable recommendations to purchase non-traded Business Development Companies (“BDCs”) including:  FS Investment Corp II (“FSIC II”), FS Investment Corp III (“FSIC III”), FS Investment Corp IV (“FSIC IV”), and Corporate Capital Trust (“CCTII”).  These four BDCs merged into the Franklin Square KKR Capital II Fund (NYSE:FSKR) on December 18, 2019.   On June 17, 2020, FSKR announced the listing on the NYSE and that “J.P. Morgan, Morgan Stanley, Keefe, Bruyette & Woods, A Stifel Company, and SunTrust Robinson Humphrey are serving as lead advisors to…

ATTENTION UPS EMPLOYEES WITH RAMPART ACCOUNTS AT MERRILL LYNCH:  KlaymanToskes Continues to Investigate Claims for UPS Employees with Losses from Unsuitable Covered Call Writing Strategies

ATTENTION UPS EMPLOYEES WITH RAMPART ACCOUNTS AT MERRILL LYNCH: KlaymanToskes Continues to Investigate Claims for UPS Employees with Losses from Unsuitable Covered Call Writing Strategies

KlaymanToskes (“KT”), www.klaymantoskes.com, continues to investigate and pursue FINRA arbitration claims against Merrill Lynch on behalf of UPS (NYSE: UPS) employees for losses sustained from an unsuitable recommendation to invest in the Rampart Options Management Services Program (“Rampart”). According to multiple FINRA claims, Merrill Lynch employed an unsuitable covered call writing strategy. After hard-working UPS employees accumulated thousands of UPS shares through UPS’s Employee Stock Purchase Program and the Manager Incentive Program, they were solicited to invest with Merrill Lynch.  Merrill Lynch and its financial advisors recommended Rampart to facilitate the unsuitable investment strategy of selling covered call options on…

ATTENTION GOLDMAN SACHS MLP AND ENERGY RENAISSANCE FUND (GER) INVESTORS – KlaymanToskes Continues Investigation on Behalf of GER Investors Who Sustained Losses in Excess of $250,000 as a Result of a Recommendation from their Financial Advisor

ATTENTION GOLDMAN SACHS MLP AND ENERGY RENAISSANCE FUND (GER) INVESTORS – KlaymanToskes Continues Investigation on Behalf of GER Investors Who Sustained Losses in Excess of $250,000 as a Result of a Recommendation from their Financial Advisor

KlaymanToskes (“KT”), http://www.klaymantoskes.com, continues its investigation on behalf of investors who sustained losses from the purchase of Goldman Sachs MLP and Energy Renaissance (NYSE:GER) (“GER”), a Master Limited Partnership (“MLP”).  This investment may have been marketed and sold to customers who were risk averse, such as retirees or other conservative investors, that were seeking income and capital preservation and were not explained the potential risks. MLPs are investment vehicles available only to the real estate and natural resource sectors.  Unfortunately, MLPs may become risky during times when those sectors are hit hard.  Real estate and natural resources, especially the energy…

ATTENTION UBS CUSTOMERS WITH YES ACCOUNT LOSSES:  KlaymanToskes Continues to Investigate and Pursue Claims to Recover Investment Losses

ATTENTION UBS CUSTOMERS WITH YES ACCOUNT LOSSES: KlaymanToskes Continues to Investigate and Pursue Claims to Recover Investment Losses

KlaymanToskes, www.klaymantoskes.com, continues to  investigate and pursue claims to recover investment losses suffered by investors in UBS’s (NYSE:UBS) Yield Enhancement Strategy (“YES”). KT believes that investor claims are meritorious as they relate to the marketing, offer, and sale of the YES strategy, including the sales presentation that was provided to customers. The YES program utilized an options strategy known as the Iron Condor, trading call and put options on the S&P 500. UBS characterized YES as a strategy that would have limited correlation to the market and as having downside protection. However, the YES strategy has shown significant correlation to…

NOTICE TO UPS EMPLOYEES WITH ACCOUNTS AT MERRILL LYNCH:  KlaymanToskes Continues to Investigate and Pursue Claims on Behalf of UPS Employees Who Sustained Losses from Unsuitable Covered Call Writing Strategies

NOTICE TO UPS EMPLOYEES WITH ACCOUNTS AT MERRILL LYNCH: KlaymanToskes Continues to Investigate and Pursue Claims on Behalf of UPS Employees Who Sustained Losses from Unsuitable Covered Call Writing Strategies

KlaymanToskes (“KT”), www.klaymantoskes.com, continues to investigate FINRA arbitration claims for current and former UPS (NYSE: UPS) employees with accounts at Merrill Lynch, for losses sustained from unsuitable covered call writing strategies for concentrated UPS stock positions. According to multiple FINRA claims, Merrill Lynch employed an unsuitable covered call writing strategy. After hard-working UPS employees accumulated thousands of UPS shares through UPS’s Employee Stock Purchase Program and the Manager Incentive Program, they were solicited to invest with Merrill Lynch.  Merrill Lynch recommended a call writing strategy, to earn stable income.  The strike prices that the call options were sold at were…

ATTENTION CHESAPEAKE ENERGY INVESTORS – KlaymanToskes Continues Investigation on Behalf of Chesapeake Energy Investors Who Sustained Losses in Excess of $250,000 as a Result of a Recommendation from their Financial Advisor

ATTENTION CHESAPEAKE ENERGY INVESTORS – KlaymanToskes Continues Investigation on Behalf of Chesapeake Energy Investors Who Sustained Losses in Excess of $250,000 as a Result of a Recommendation from their Financial Advisor

KlaymanToskes (“KT”), http://www.klaymantoskes.com, continues their investigation on behalf of investors who sustained losses in excess of $250,000 in Chesapeake Energy (NYSE:CHK) (“Chesapeake”) as a result of recommendations from their financial advisor including unsuitable asset allocations in the Energy sector.  This investment may have been marketed and sold to customers who were risk averse, such as retirees or other conservative investors, that were seeking income and capital preservation and were not explained the potential risks. Oil & Gas investments are historically risky during times of volatility and/or reduced demand.  These risks should be explained by financial advisors prior to recommending these…

NOTICE TO FRANKLIN SQUARE ENERGY & POWER FUND INVESTORS: KlaymanToskes Announces Investigation into Investor Losses at Full-Service Brokerage Firms

NOTICE TO FRANKLIN SQUARE ENERGY & POWER FUND INVESTORS: KlaymanToskes Announces Investigation into Investor Losses at Full-Service Brokerage Firms

KlaymanToskes (“KT”) announces an investigation of full-service brokerage firm sales practice violations of Financial Industry Regulatory Authority (“FINRA”) rules and regulations related to recommended investments in Franklin Square Energy & Power Fund.  According to securities attorney, Lawrence L. Klayman, “our investigation relates to whether brokerage firms’ recommendations represented unsuitable investment advice, and whether financial advisors failed to disclose all relevant facts, including the risks associated with concentrated investments in the energy sector.” According to Franklin Square Energy & Power Fund (FSEP), “FSEP is a non-traded business development company (BDC). The fund invests primarily in the debt and, to a lesser…

NOTICE TO SIERRA INCOME FUND INVESTORS: Investment Fraud Lawyers KlaymanToskes Comment on Recent Temporary Suspension of Distributions Payments to Investors

NOTICE TO SIERRA INCOME FUND INVESTORS: Investment Fraud Lawyers KlaymanToskes Comment on Recent Temporary Suspension of Distributions Payments to Investors

KlaymanToskes (“KT”), comments on recent Sierra Income Corporation (“Sierra”) announcement of the “temporary suspension” of cash and reinvestment plan distributions beginning with the month ending April 30, 2020.  According to securities attorney, Lawrence L. Klayman, “The suspension of cash distributions to investors has occurred after a prolonged decline in the quality of Sierra Income Fund’s investment loan portfolio, which is evidenced by the drop in the Fund’s Net Asset Value.”  On May 5, 2020, Sierra announced the merger agreement between Sierra and Medley Capital (NYSE:MCC) was terminated citing “the changed circumstances and the unpredictable economic conditions resulting from the global…

ATTENTION ELDORADO RESORTS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Eldorado Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION ELDORADO RESORTS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Eldorado Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Eldorado Resorts (NASDAQ:ERI) (“Eldorado”) who held large, unhedged concentrated positions in Eldorado stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Eldorado stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose…

ATTENTION CAESARS ENTERTAINMENT EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Caesars Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION CAESARS ENTERTAINMENT EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Caesars Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Caesars Entertainment (NASDAQ:CZR) (“Caesars”) who held large, unhedged concentrated positions in Caesars stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Caesars stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose…

ATTENTION WYNN RESORTS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Wynn Resorts Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION WYNN RESORTS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Wynn Resorts Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Wynn Resorts (NASDAQ:WYNN) who held large, unhedged concentrated positions in Wynn Resorts stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Wynn Resorts stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION MGM RESORTS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in MGM Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION MGM RESORTS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in MGM Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of MGM Resorts International (NYSE:MGM) (“MGM”) who held large, unhedged concentrated positions in MGM stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in MGM stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION LAS VEGAS SANDS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Las Vegas Sands Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION LAS VEGAS SANDS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Las Vegas Sands Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Las Vegas Sands (NYSE:LVS) who held large, unhedged concentrated positions in Las Vegas Sands stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Las Vegas Sands stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION CEDAR FAIR EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Cedar Fair Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION CEDAR FAIR EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Cedar Fair Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Cedar Fair (NYSE:FUN) who held large, unhedged concentrated positions in Cedar Fair stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Cedar Fair stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms…

ATTENTION SIX FLAGS EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Six Flags Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION SIX FLAGS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Six Flags Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Six Flags Entertainment (NYSE:SIX) (“Six Flags”) who held large, unhedged concentrated positions in Six Flags stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Six Flags stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION PENN NATIONAL GAMING EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Penn National Gaming Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION PENN NATIONAL GAMING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Penn National Gaming Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Penn National Gaming (NASDAQ:PENN) who held large, unhedged concentrated positions in Penn National Gaming stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Penn National Gaming stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION LIVE NATION ENTERTAINMENT EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Live Nation Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION LIVE NATION ENTERTAINMENT EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Live Nation Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Live Nation Entertainment (NYSE:LYV) (“Live Nation”) who held large, unhedged concentrated positions in Live Nation stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Live Nation stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION WALT DISNEY COMPANY EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Disney Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION WALT DISNEY COMPANY EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Disney Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of The Walt Disney Company (NYSE:DIS) (“Disney”) who held large, unhedged concentrated positions in Disney stock and/or received margin calls resulting in the forced sale of stock.  The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic.  The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Disney stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage…