Natural Resource Partners: Complaints

Natural Resource PartnersThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding the Natural Resource Partners LP Master Limited Partnership (MLP).

According to its website, Natural Resource Partners is a “diversified natural resource company that owns interests in oil and gas, coal, aggregates and industrial minerals across the United States.” Headquartered in Houston, Texas, the company generates “a large percentage” of revenues from royalties and other forms of passive income. It also owns equities in Ciner Wyoming, a “trona/soda ash operation,” and non-operated working interests in oil and gas properties. Natural Resource Patners additionally owns VantaCore, a business focused in construction aggregates. Bloomberg reports that Natural Resource Partners has declined more than 87% in the last year.

A master limited partnership is a publicly traded limited partnership that offers the tax benefits of a limited partnership and the liquidity of publicly traded securities. An MLP must generate at least 90% of its income from Internal Revenue Service-deemed “qualifying” sources like the production, processing, and transportation of oil, natural gas, and coal.

Master limited partnerships can be complicated investments with many risks and investors should have a complete understanding of any investment from their broker or investment adviser, to ensure the product is suitable. Brokers and investment advisers who recommend unsuitable investments may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.

If you or someone you know has lost money investing in Natural Resource Partners, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: Fitapelli Kurta if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.