Skip to main content

Blog

Mark Heiden Losses at Wedbush?

Please take notice of a continuing investigation of the sales practices of Mark Heiden for his management of client accounts and the overconcentration of energy related stocks investments: Energy XXI Bermuda Ltd. Clearbridge American Energy MLP Goldman Sachs MLP Energy Arch Coal Seadrill We are currently investigating whether all material risks of the recommended investments […]

Arch Coal subsidiary lay off workers at Colorado's West Elk mine

Lagging bituminous coal sales from the West Elk mine in Colorado has forced an Arch Coal subsidiary to lay off 80 workers, the company said Monday. Arch Coal subsidiary Mountain Coal had announced the cuts amid “continuing challenges in domestic and international thermal coal markets,” Saint Louis-based spokeswoman Logan Bonacorsi said. “Up to this point, […]

Investor Losses to Follow Arch Coal Bankruptcy

Arch Coal Inc. joined the ranks of bankrupt coal miners as the U.S. continues to shift toward cheaper, cleaner-burning natural gas, threatening the dominance of one of the world’s dirtiest sources of energy. The holder of the second-largest reserve of coal in the U.S. filed for creditor protection Monday. The company said it has an […]