Galvin Legal is launching an investigation on behalf of investors who suffered losses investing in Blackstone Group (BX) at the recommendation of their financial advisor. If you suffered losses investing in Blackstone Group (BX), then Galvin Legal may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim against the brokerage firm that recommended the investment.
Master Limited Partnerships (“MLPs”) are high-risk high-commission complex investments that are generally only suitable for sophisticated high net worth investors.
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
Galvin Legal is a national securities arbitration, mediation, fraud, and investor protection law practice. For more information on Galvin Legal, please visit www.galvinlegal.com or call 1-800-405-5117.