ATTENTION GOLDMAN SACHS MLP AND ENERGY RENAISSANCE FUND (GER) INVESTORS – KlaymanToskes commences investigation on behalf of GER Investors Who Sustained Losses in Excess of $250,000 as a R...
Goldman Sachs MLP Energy Renaissance Fund (GER)
US:NYSE Investor Relations:
gsam.com/content/gsam/us/en/individual/products/cef-fund-finder/goldman-sachs-mlp-and-energy-renaissance-fund.html
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--KlaymanToskes ("KT"), http://www.klaymantoskes.com, announces an investigation on behalf of investors who sustained losses from the purchase of Goldman Sachs MLP and Energy Renaissance (NYSE:GER) (“GER”), a Master Limited Partnership (“MLP”). GER closed at 33.21 on February 21, 2020, prior to the significant market event that was precipitated by COVID-19. Yesterday, GER closed at 6.60, post-split adjusted. This investment 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. Unfortunately, MLPs may become risky during times when those sectors are hit hard. Real estate and natural resources, especially the energy sector, including oil and gas, can see significant swings often causing investors to shoulder the l
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