FS Energy & Power Fund (FSEP) Investor Alert - FS Energy & Power Fund (FSEP) Lawsuit - FS Energy & Power Fund (FSEP) Suspends Share Repurchase Program and Distributions | Victimized Investors May Recover Losses in FSEP - FS Energy and Power Fund (FSEP)
FS Energy & Power Fund (FSEP) is, according to its website, a business development company designed to provide income and growth. FS Energy & Power Fund (FSEP) invests primarily in the debt and, to a lesser extent, equity securities of private U.S. energy and power companies, according to its website. According to FS Energy & Power Fund’s website, FS Energy & Power Fund closed to new investors in November 2016 and is based in Philadelphia, Pennsylvania.
FS Energy & Power Fund (FSEP) discloses the risks of the fund on its website, some of these risks include:
- Difficulty in selling commons shares
- Lack of available information about privately held companies
- FS Energy & Power Fund (FSEP) is a longer-term investment for persons of adequate financial means who have no need for liquidity in their investment.
According to publicly available information, the recent pricing in FS Energy & Power Fund (FSEP) through SEC filings and through the secondary market – suggests that investors in this non-traded fund may have suffered considerable investment losses on their initial investment.
Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments such as FS Energy & Power Fund (FSEP)
Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments such as FS Energy & Power Fund (FSEP) and has recovered more than $180 million dollars on behalf of victimized investors. We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives. All our cases are handled on a purely contingency fee basis.
You may have the right to recover your losses from the brokerage firm that sold FS Energy & Power Fund (FSEP) and other high-risk investments to you. We strongly recommend that you act quickly, however, because statutes of limitation can be short in securities cases.
Did you Invest in FS Energy and Power Fund (FSEP)?
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. Finally, the filing of such a case should not affect your ownership of these investments in any way.
If you incurred losses on your investment in FS Energy & Power Fund (FSEP) and/or other high-risk investments and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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