ATTENTION MARTIN LERNER DAVID LERNER ASSOCIATES CUSTOMERS: National Investor Fraud Law Firm KlaymanToskes Investigates Broker in Light of $600,000 Energy 11 LP Customer Dispute

ATTENTION MARTIN LERNER DAVID LERNER ASSOCIATES CUSTOMERS: National Investor Fraud Law Firm KlaymanToskes Investigates Broker in Light of $600,000 Energy 11 LP Customer Dispute

National securities fraud law firm, KlaymanToskes (“KT”), continues to investigate (“Martin Lerner David Lerner Associates Investigation”) David Lerner Associates, including Martin Lerner (CRD#871038), for the unsuitable concentration in proprietary products invested in non-traded Oil & Gas Investments offered exclusively to its clients. The concentrated investments include Energy 11 LP, Energy Resource 12 LP, and Spirit of America Fund. In addition to the precipitous loss in value, most of investors’ interest payments are now considered return of capital. FINRA BrokerCheck – Martin Lerner According to FINRA BrokerCheck, Martin Lerner has 9 disclosures on his BrokerCheck Report. Two (2) disclosures, which are FINRA Arbitrations filed by customers,…

DAVID LERNER ASSOCIATES ENERGY 11 LP INVESTOR ALERT: National Investor Fraud Law Firm Continues Investigation of Spirit of America Fund, Energy 11 LP, and Energy 12 LP

DAVID LERNER ASSOCIATES ENERGY 11 LP INVESTOR ALERT: National Investor Fraud Law Firm Continues Investigation of Spirit of America Fund, Energy 11 LP, and Energy 12 LP

National securities fraud law firm, KlaymanToskes (“KT”), continues to investigate (“David Lerner Associates Energy 11 LP Investigation”) David Lerner Associates for the unsuitable concentration in proprietary products invested in non-traded Oil & Gas Investments offered exclusively to its clients.  The concentrated investments include Energy 11 LP, Energy Resource 12 LP, and Spirit of America Fund. In addition to the precipitous loss in value, most of investors’ interest payments are now considered return of capital. David Lerner Associates Energy 11 LP, Energy 12 LP, and Spirit of America Fund Investigation The investigation focuses on whether David Lerner Associates failed to supervise the sales and marketing of its…

Invest in Energy 11 LP, Energy 12 LP, or Spirit of America Fund with David Lerner Associates? KlaymanToskes Continues Investigation

Invest in Energy 11 LP, Energy 12 LP, or Spirit of America Fund with David Lerner Associates? KlaymanToskes Continues Investigation

National securities fraud law firm, KlaymanToskes (“KT”), continues to investigate David Lerner Associates for the unsuitable concentration in proprietary products invested in non-traded Oil & Gas Investments offered exclusively to its clients.  The concentrated investments include Energy 11 LP, Energy Resource 12 LP, and Spirit of America Fund (NASDAQ:SOAEX).  In addition to the precipitous loss in value, most of investors’ interest payments are now considered return of capital. According to securities attorney, Lawrence L. Klayman, “David Lerner Associates recommended proprietary products that were unsuitable for most conservative or retired investors.”  According to the Energy 11 LP and Energy Resource 12 LP Prospectus and the…

Joseph Chu, California Resources Corporation, Denbury Resources and Whiting Petroleum Investigation

Joseph Chu, California Resources Corporation, Denbury Resources and Whiting Petroleum Investigation

KlaymanToskes (“KT”), a national securities law firm, continues to investigate the sales practices of former Merrill Lynch and current RBC Capital Markets broker, Joseph Ijong Chu (“Chu”), concerning his handling of discretionary accounts and concentration in Energy sector securities. The concentrated investments include California Resources Corporation (NYSE: CRC), Denbury Resources, Inc. (NYSE: DEN), and Whiting Petroleum Corporation (NYSE: WLL). These companies declared Chapter 11  bankruptcy in 2020, and have since restructured. According to FINRA BrokerCheck, there are pending FINRA arbitration claims involving Chu’s unsuitable recommendations and/or overconcentration in the Energy sector while employed by Merrill Lynch and/or RBC Capital Markets.…

DAVID LERNER INVESTOR ALERT: KlaymanToskes Announces Preparation to File FINRA Arbitration Claim seeking more than $1,000,000 on Behalf of Investor who Purchased Spirit of America Fund

DAVID LERNER INVESTOR ALERT: KlaymanToskes Announces Preparation to File FINRA Arbitration Claim seeking more than $1,000,000 on Behalf of Investor who Purchased Spirit of America Fund

KlaymanToskes (“KT”) announces that it is preparing to file a claim against David Lerner Associates (“David Lerner”) on behalf of an investor who sustained losses due to investment and sector concentrations in proprietary products invested in non-traded Oil & Gas Investments offered exclusively to David Lerner clients.  Specifically, this case focuses on Spirit of America Fund (NASDAQ:SOAEX), one of three David Lerner proprietary funds that have recently seen a precipitous decline. According to the claim, the investor was seeking to preserve his investment principal, while earning supplemental income to provide for his growing family, including his children’s educations and other…

DAVID LERNER INVESTOR ALERT: KlaymanToskes Investigates Unsuitable Concentration in Proprietary Products Invested in Energy 11 LP, Energy Resource 12 LP and Spirit of America Fund Which Resulted in Losses in Excess of $250,000

DAVID LERNER INVESTOR ALERT: KlaymanToskes Investigates Unsuitable Concentration in Proprietary Products Invested in Energy 11 LP, Energy Resource 12 LP and Spirit of America Fund Which Resulted in Losses in Excess of $250,000

National securities fraud law firm, KlaymanToskes (“KT”), announces  its investigation into David Lerner Associates for the unsuitable concentration in proprietary products invested in non-traded Oil & Gas Investments offered exclusively to its clients.  The concentrated investments include the Energy 11 LP, Energy Resource 12 LP, and Spirit of America Fund (NASDAQ:SOAEX).  In addition to the precipitous loss in value, most of the interest payments received by investors are now considered return of capital. According to securities attorney, Lawrence L. Klayman, “David Lerner Associates recommended proprietary products that were unsuitable for most conservative or retired investors.”  According to the Energy 11…

KlaymanToskes Investigates David Lerner Associates Recommended Investments in Proprietary Non-Traded Investments Concentrated in Energy Sector

KlaymanToskes Investigates David Lerner Associates Recommended Investments in Proprietary Non-Traded Investments Concentrated in Energy Sector

National securities fraud law firm, KlaymanToskes (“KT”), announces  its investigation into David Lerner Associates for the unsuitable concentration in proprietary products invested non-traded Oil & Gas Investments offered exclusively to its clients.  The concentrated investments include the Energy 11 LP, Energy Resource 12 LP and Spirit of America Fund (SOAEX).  In addition to the precipitous loss in value, the majority of the interest payments received by investors are now considered, return of capital. According to securities attorney, Lawrence L. Klayman, “David Lerner Associates recommended proprietary products that were unsuitable for most conservative or retired investors”.  According to the Energy 11…

ATTENTION CUSTOMERS WITH ACCOUNTS SERVICED BY FINANCIAL ADVISOR JOSEPH IJONG CHU – KlaymanToskes Files FINRA Arbitration Claim against Merrill Lynch and RBC Seeking $1,000,000 on Behalf of Investors

ATTENTION CUSTOMERS WITH ACCOUNTS SERVICED BY FINANCIAL ADVISOR JOSEPH IJONG CHU – KlaymanToskes Files FINRA Arbitration Claim against Merrill Lynch and RBC Seeking $1,000,000 on Behalf of Investors

KlaymanToskes (“KT”) announces that it recently filed a claim for breach of fiduciary duty seeking $1,000,000 against Merrill Lynch (NYSE: BAC) and RBC Capital Markets (“RBC”) on behalf of investors who had discretionary accounts mishandled by Joseph Ijong Chu (“Chu”).  A discretionary account is one that allows an authorized broker, in this case Chu, to buy and sell securities without client consent on each trade and is based on a client consent granting this authorization in writing.  This type of relationship is especially one of trust. According to the claim, the investors gave Chu discretion to invest their hard-earned savings…

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…

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 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…

ATTENTION OCCIDENTAL PETROLEUM EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained in Occidental Petroleum Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic

ATTENTION OCCIDENTAL PETROLEUM EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Occidental Petroleum 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 Occidental Petroleum Corporation (NYSE:OXY) (“Occidental Petroleum”) who held large, unhedged concentrated positions in Occidental Petroleum 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 Occidental Petroleum stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan.…

ATTENTION CALLON PETROLEUM EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Callon Petroleum Stock with Full-Service Brokerage Firms

ATTENTION CALLON PETROLEUM EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Callon Petroleum Stock with Full-Service Brokerage Firms

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and investors who held large positions in Callon Petroleum (NYSE:CPE) 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 mismanagement of large positions that resulted in employees and investors suffering substantial losses. Full-service brokerage firms whose customers hold large stock positions have a duty to ensure that their customers understand the risks. Firms are also required to disclose and recommend the availability of risk management strategies…

ATTENTION CHESAPEAKE ENERGY EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Chesapeake Energy Stock with Full-Service Brokerage Firms

ATTENTION CHESAPEAKE ENERGY EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Chesapeake Energy Stock with Full-Service Brokerage Firms

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and 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 mismanagement of large positions that resulted in employees and investors suffering substantial losses. Full-service brokerage firms whose customers hold large stock positions have a duty to ensure that their customers understand the risks. Firms are also required to disclose and recommend the availability of risk management strategies…

ATTENTION DENBURY RESOURCES EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Denbury Resources Stock with Full-Service Brokerage Firms

ATTENTION DENBURY RESOURCES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Denbury Resources Stock with Full-Service Brokerage Firms

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and investors who held large positions in Denbury Resources (NYSE:DNR) 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 mismanagement of large positions that resulted in employees and investors suffering substantial losses. Full-service brokerage firms whose customers hold large stock positions have a duty to ensure that their customers understand the risks. Firms are also required to disclose and recommend the availability of risk management strategies…

ATTENTION BORR DRILLING EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Borr Drilling Stock with Full-Service Brokerage Firms

ATTENTION BORR DRILLING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Borr Drilling Stock with Full-Service Brokerage Firms

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and investors who held large positions in Borr Drilling (NYSE:BORR) 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 mismanagement of large positions that resulted in employees and investors suffering substantial losses. Full-service brokerage firms whose customers hold large stock positions have a duty to ensure that their customers understand the risks. Firms are also required to disclose and recommend the availability of risk management strategies…

ATTENTION DIAMOND OFFSHORE DRILLING EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Diamond Offshore Drilling Stock with Full-Service Brokerage Firms

ATTENTION DIAMOND OFFSHORE DRILLING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Diamond Offshore Drilling Stock with Full-Service Brokerage Firms

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and investors who held large positions in Diamond Offshore Drilling (NYSE:DO) 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 mismanagement of large positions that resulted in employees and investors suffering substantial losses. Full-service brokerage firms whose customers hold large stock positions have a duty to ensure that their customers understand the risks. Firms are also required to disclose and recommend the availability of risk management…

ATTENTION CHAPARRAL ENERGY EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Chaparral Energy Stock with Full-Service Brokerage Firms

ATTENTION CHAPARRAL ENERGY EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Chaparral Energy Stock with Full-Service Brokerage Firms

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and investors who held large positions in Chaparral Energy (NYSE:CHAP) 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 mismanagement of large positions that resulted in employees and investors suffering substantial losses. Full-service brokerage firms whose customers hold large stock positions have a duty to ensure that their customers understand the risks. Firms are also required to disclose and recommend the availability of risk management strategies…

ATTENTION CONTINENTAL RESOURCES EMPLOYEES/INVESTORS:  KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Continental Resources Stock with Full-Service Brokerage Firms

ATTENTION CONTINENTAL RESOURCES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Continental Resources Stock with Full-Service Brokerage Firms

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and investors who held large positions in Continental Resources (NYSE:CLR) 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 mismanagement of large positions that resulted in employees and investors suffering substantial losses. Full-service brokerage firms whose customers hold large stock positions have a duty to ensure that their customers understand the risks. Firms are also required to disclose and recommend the availability of risk management strategies…