April 4, 2017

Did Your Broker Recommend High Concentrations of Oil and Gas Stock?

oil losses graph with barrels of oil

Soreide Law Group is investigating potential claims, on behalf of investors, against Joe Zenker of Raymond James & Associates of Nashville, Tennessee.  At least one claim has been filed that involves the alleged selling of large concentrated positions of oil and gas investments and oil and gas master limited partnerships (MLPs). Soreide Law Group was contacted by an investor from Louisiana who was allegedly sold large concentrated positions in oil and gas and we are looking to hear from other investors that may have also been sold unsuitable oil investments from broker, JOSEPH ERIK ZENKER (JOE ZENKER) CRD#: 2711588 of Raymond James & Associates.
Dozens of energy-related companies have filed for bankruptcy since 2015 due to the plummeting prices of crude oil.  Soreide Law Group continues to hear from a growing list of investors whose brokers recommended a high-concentration of risky oil and gas stocks for their conservative portfolios causing devastating losses. When these energy companies file for Chapter 11, they leave the investors at the end of a very long creditor’s line.
According to FINRA’s BrokerCheck, JOE ZENKER has 4 Disclosures on his report.  Zenker has worked in the securities industry for 21 years and has been with 5 firms, the most current since 3/27/2009, listed below:
RAYMOND JAMES & ASSOCIATES, INC.
1033 DEMONBREUN STREET SUITE 500
NASHVILLE, TN 37203
If you experienced losses in energy stocks due to the recommendations of Raymond James & Associates broker, JOE ZENKER, or other broker/dealers, call Soreide Law Group and speak to a lawyer at no cost regarding the possible recovery of your investment losses at:  888-760-6552.
Soreide Law Group represents clients nationwide before FINRA and we operate on a contingency fee basis.

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