Bakken Income Fund – Bankruptcy Filed

Goodman & Nekvasil, P.A., Recovering Investor Losses – Bakken Income Fund Bankruptcy 

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, including Bakken Income Fund.

The Bakken Income Fund filed for bankruptcy on October 17, 2016. Bakken Income Fund, raised $20.6 million from 309 investors as of a filing with the SEC in Feb. 2015. The Bakken Income Fund reportedly owes creditors between $1 million and $10 million.

Even though high yield or junk bonds, notes, limited partnership units, and stock issued by Bakken Income Fund have considerable risk, overzealous brokers, brokerage firms and registered investment advisors have nonetheless recommended Bakken Income Fund and these types of investments to conservative investors seeking income. We believe that investors in Bakken Income Fund lost a significant amount of their savings when Bakken Income Fund filed for bankruptcy. 

Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments such as Bakken Income Fund and has recovered more than $170 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 Bakken Income Fund 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.

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 rights as a creditor in the Bakken Income Fund bankruptcy or your ownership of these investments in any way.

If you incurred losses on your investment in Bakken Income Fund 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.     


Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange

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