Goldman Sachs MLP Income Opportunities Fund Losses

Levin Law, P.A. is Investigating Brokerage Firms that Recommended and Sold Goldman Sachs MLP Income Opportunities Fund (GMZ) to Customers

The national securities law firm, Levin Law, P.A. (“Levin Law”) has launched an investigation into securities brokerage firms that recommended and sold the Goldman Sachs MLP Income Opportunities Fund (GMZ) to investors.  Please contact us at 305-402-9050 or contact@levinlawpa.com if your financial advisor recommended Goldman Sachs MLP Income Opportunities Fund and you suffered significant losses.

GMZ has dropped more than 80% in value in the last 6 weeks.  Certain financial institutions marketed GMZ as being a conservative investment appropriate for risk-averse customers, such as senior citizens and those seeking to preserve their capital.

GMZ Is a Risky and Complex Investment

GMZ was always a risky investment and subject to meaningful risk of loss. Unfortunately for investors, however, many financial professionals informed their clients that the Goldman Sachs MLP Income Opportunities Fund was a “safe” or conservative investment.  When making recommendations to purchase securities, including MLPs, financial advisors have the duty to fully explain all important risks of such investments.  Many stockbrokers, however, did not disclose the true risks inherent in GMZ, resulting in investors thinking that their GMZ investments were safe.  Those investors were understandably surprised when their “safe” investments dropped more than 80% in value during the most recent market decline, which was, in part, due to the spread of the Coronavirus.

Contact Levin Law at (305) 402-9050 or contact@levinlawpa.com today if you were an investor in any Goldman Sachs MLP Income Opportunity Fund.  Levin Law represents investors throughout the United States and the rest of the world.  Levin Law’s founding attorney has recovered nearly $100 million in assets for investors.

Investors May Be Able to Recover Losses through a FINRA Arbitration

If your investment professional recommended that you purchase the Goldman Sachs MLP Income Opportunities Fund and you have lost money, you may be able to recover your losses through a Financial Industry Regulatory Authority (“FINRA”) arbitration claim.

If you have suffered losses in the Goldman Sachs MLP Income Opportunities Fund (GMZ), please contact Brian Levin, at 305-402-9050, brian@levinlawpa.com, or visit Levin Law’s website, www.levinlawpa.com.  Levin Law accepts most cases on a contingency-fee basis, meaning that you would not be obligated to pay Levin Law’s attorney fees unless money is recovered for you.

About Levin Law

Levin Law is a premier national securities and class action law firm with significant experience.  Brian Levin, Levin Law’s founding attorney, has helped recover around $100,000,000 through securities arbitration and litigation for individual and institutional investors throughout the country and the rest of the world. Levin Law represents retirees, individual investors, high-net-worth investors, ultra-high-net-worth investors, institutions, family offices, trusts, publicly held companies, and others.