Attorneys Announce Investigation of Breitburn Energy and other Energy Related Master Limited Partnerships
On May 15, 2016, Breitburn filed for Chapter 11 bankruptcy protection, citing a continued decline in oil prices which have eroded its balance sheet. Financial service or brokerage firms that recommended the purchase of Breitburn may have breached industry duties by: failing to conduct proper due diligence on Breitburn failing to disclose all material risks […]