Zamansky LLC Investigates David Lerner Associates Over Energy 11 LP, Energy Resources 12 and Spirit of America Energy Fund (SOAEX)

NEW YORK--()--Zamansky LLC is investigating brokerage firm David Lerner Associates Inc. (“David Lerner”), over potential unsuitable sales practices involving oil, gas and energy investments. David Lerner is the sales distributor of two non-public limited partnerships, Energy 11 LP and Energy Resources 12, and the Spirit of America Energy mutual fund (SOAEX). These companies all invest in the oil, gas and energy sector.

According to investment fraud attorney, Jake Zamansky, the oil, gas and energy sector has been extremely volatile over the years, making these high risk investments.

The two partnerships – Energy 11 and Energy Resources 12 –are also not publicly traded, so they have limited liquidity, he says. These investments sold by David Lerner are not suitable or appropriate for most conservative, retired or other risk-averse investors, he says.

The law firm is investigating whether David Lerner sold the Energy 11 LP, Energy Resources 12, and Spirit of America Energy Fund to investors where these were unsuitable investments, or where these investments unsuitably over-concentrated an investor’s portfolio in the energy sector.

What Investors Can Do

If you are a David Lerner customer who purchased the Energy 11 LP, Energy Resources 12 or Spirit of America Energy Fund, the law firm will review your investments to determine if you have the legal right recover your loss, without obligation or cost to you. To set up an evaluation, email Jake Zamansky at jake@zamansky.com or call the law firm at (212) 742-1414.

About Zamansky LLC

Zamansky LLC is one of the leading law firms with a practice focused on securities fraud and financial services arbitration and class action litigation. We represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.

To learn more about Zamansky, please visit our website, www.zamansky.com.

Contacts

Zamansky LLC
50 Broadway - 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake@zamansky.com

Release Summary

Zamansky LLC investigates David Lerner Associates over potentially unsuitable sales of Energy 11 LP, Energy Resources 12 and Spirit of America Energy.

Contacts

Zamansky LLC
50 Broadway - 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake@zamansky.com