Broker Sold You GenOn Energy Bonds, Stock, or Other Risky High Yield Oil and Gas Investments?
Soreide Law Group is investigating bond sales (especially in the oil and gas industry) made to clients by stock brokers that were inappropriately risky. Oil and gas companies have been particularly hard hit lately. Many Moody’s B rated bonds from just a few years ago went to negative outlooks and are now Ca rated or bankrupt. These oil companies also use financial leverage that caused their high debt balances they are unable to reduce or to cause them to
become worth very little. GenOn Energy recently declared bankruptcy and cost bondholders huge sums of money.
GenOn Energy Bond and Stock Loss Victims Call 888-760-6552 To Start the Recovery Process Now.
GenOn Energy in 2017 filed for bankruptcy protection and cut a deal with bondholders to restructure their debt. Stock brokers may have recommended these bonds prior to this action due to the high commission and/or high yield of the security. If your broker or financial advisor recommended this risky stock or bond and other risky investments please call us today at 1-888-760-6552 or contact us at
https://www.securitieslawyer.com/contact.html