The Kentucky-based broker-dealer firm, Hilliard Lyons, has been the target of numerous lawsuits in the last decade. Most recently, they’ve been sued for negligence and fraud regarding investments in Breitburn Energy Partners Limited Partnership, an oil and gas company, which is now bankrupt.
Certain brokers at Hilliard Lyons concentrated investors’ accounts solely in Breitburn Energy, which exposed many individuals to additional risk. Additionally, they’ve already received complaints about concentration of this stock in customer accounts.
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If your losses are due to broker misconduct, we may be able to help you recover some, or all, of your losses. Call Sokolove Law now for a free legal consultation. Our knowledgeable case managers are available 24/7 to assist you.