If you have suffered losses investing in Magnum Hunter Resources upon the recommendation of your stockbroker, call today for a FREE Consultation regarding your investment recovery options.
Magnum Hunter Resources Corporation (Stock Symbol: MHR) was a natural gas producer that operated in the Marcellus and Utica shale fields. In December 2015, Magnum Hunter declared bankruptcy - thereby making any shares that equity shareholders held worthless.
If your stockbroker recommended that you purchase Magnum Hunter Resources, you may be able to recover some of those losses against the brokerage firm he or she was registered with. Stockbrokers have a regulatory obligation to only recommend or engage in transactions that are suitable for their customers and to ensure that any recommendation to purchase investment products are suitable for the needs of each customer. Risky energy sector stocks like Magnum Hunter Resources may not be suitable for certain investors, and both the stockbroker and brokerage firm that they are registered with may be held liable.
If you are an investor who has suffered losses investing in Magnum Hunter Resources or other risky energy stocks that were recommended by your stockbroker, you may be able to recover your losses through FINRA arbitration or securities litigation. Please call Kons Law Firm at (860) 920-5181 for a FREE, NO OBLIGATION consultation to discuss your investment loss recovery options.
Kons Law Firm represents investors nationwide in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit www.investmentfraudattorneys.com.