We have been in many securities cases where investments turned bad, but one of our most unusual cases was an oil and gas limited partnership in which the investors earned more than twenty times their initial investment. Notwithstanding the fabulous success of the partnership, a few of the partners looked for ways to earn even more. They sued our client, the general partner, and others claiming breaches of fiduciary duty and securities violations because our client invested its own money to build a pipeline to service the partnership’s wells. Although the litigation raged for years, we eventually extricated our client on favorable terms.

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