FT. LAUDERDALE, Fla.,
Feb. 6, 2017 /PRNewswire/
-- Another investor seeking recovery from substantial losses
in LinnCo LLC and other Wells Fargo Advisors broker
recommendations, has turned to the Mark A. Tepper law firm
(www.marktepper.com), to file a claim for damages.
Wells Fargo Advisors is facing a claim for damages from an
Arizona retiree for recommending
the purchase, on margin, of LinnCo,(OTC markets: LNCOQ) Kinder
Morgan Inc., (NYSE: KMI) Williams Companies Inc. (NYSE: WMB) and
Potash of Saskachewan, Corp. (NYSE: POT).
The claim, filed with FINRA by the law firm of Mark A. Tepper,
P.A., alleges that the broker's recommended strategy, was to
purchase high risk and leveraged commodity based securities, on
margin.
"This unsuitable strategy was a toxic mix of vulnerability to
volatile commodity prices, margin, and high debt. Respondent's
recommended strategy was speculative in nature, exposing [the
retiree] to substantial losses, establishing its unsuitability,"
the claim alleges.
The Mark A. Tepper securities law firm recently announced that
it is investigating alleged claims against brokerage firms for
recommending LINN Energy LLC, LinnCo LLC, and/or BreitBurn Energy
Partners LP.
For a free case evaluation from the Mark A. Tepper law firm,
email attorney Mark Tepper at
askmark@marktepper.com or telephone 954-961-0096.
About Mark A. Tepper, P.A. (www.MarkTepper.com)
Attorney Mark A. Tepper is the former Chief Trial Counsel at the
New York Attorney General's Bureau
of Investor Protection and Securities. He has earned the reputation
of "Investor Advocate" while practicing law for over 35 years
representing individual investors. FINRA arbitrators have upheld
stockbroker fraud claims filed by Mr. Tepper against many brokerage
firms. A member of the Florida,
New York and California Bars, Mr.
Tepper is peer-reviewed for 16 consecutive years, AV PREEMINENT®
for ethical standards and legal ability, the highest rating of
lawyers in the Martindale-Hubbell Law Directory.
MEDIA CONTACT:
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561-852-5767
mhopkinson@newsmarkpr.com
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SOURCE Mark A. Tepper, P.A.