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 oil and gas related investments, including ULTRA PETROLEUM.
Even though high yield or junk bonds, notes, stock and limited partnership units issued by oil and gas companies have long been considered risky investments, overzealous brokers, brokerage firms and registered investment advisors have nonetheless recommended these investments to conservative investors seeking income. Many investors in these types of investments lost a significant amount of their savings when these companies filed for bankruptcy.
Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments, and has recovered hundreds of millions of 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 this investment 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.
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 ULTRA PETROLEUM bankruptcy or your ownership of these investments in any way.
If you incurred losses on your investment in ULTRA PETROLEUM and 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.