KlaymanToskes ("KT"), http://www.klaymantoskes.com, announces an investigation on behalf of investors who sustained losses from the purchase of Goldman Sachs MLP Income Opportunities Fund (NYSE:GMZ) (“GMZ”) a Master Limited Partnership (“MLP”). GMZ closed at 5.51 on February 21, 2020, prior to the significant market event that was precipitated by COVID-19. Today, GMZ trades at 1.20, or more than 78% lower than its market value on February 21, 2020. This product may have been marketed and sold to customers who were risk averse, such as retirees or other conservative investors, that were seeking income and capital preservation and were not explained the potential risks.

MLPs are investment vehicles available only to the real estate and natural resource sectors. MLPs offer the tax advantages of partnerships with the advantage of being traded on the open market. Unfortunately, MLPs may become risky during times when certain sectors of the economy are hit hard. The real estate markets and markets in natural resources, especially the energy sector, can see significant swings often causing investors to shoulder the losses. These are risks that should be explained by brokerage firms and financial advisors prior to recommending these investments. Investors may seek damages for violations of sales practice rules and regulations, as set forth by the Financial Industry Regulatory Authority (FINRA) in arbitration.

The sole purpose of this release is to investigate the sales practices and financial misconduct of brokerage firms and financial advisors in connection with the sale of GMZ to their customers. Investors who purchased these investments are encouraged to contact Lawrence L. Klayman, Esq. of KlaymanToskes at (561) 542-5131, or visit our website at www.klaymantoskes.com.

About Klayman & Toskes, P.A.

KT is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation, on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm represents high net-worth, ultra-high-net-worth, and institutional investors, such as non-profit organizations, unions, public and multi-employer pension funds. KT has office locations in California, Florida, New York, and Puerto Rico.

Destination: https://klaymantoskes.com/notice-to-goldman-sachs-mlp-income-opportunities-fund-gmz-investors/

Klayman & Toskes, PA Lawrence L. Klayman, Esq. 888-997-9956 lklayman@klaymantoskes.com www.klaymantoskes.com

Goldman Sachs MLP Income... (NYSE:GMZ)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Goldman Sachs MLP Income... Charts.
Goldman Sachs MLP Income... (NYSE:GMZ)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Goldman Sachs MLP Income... Charts.