KlaymanToskes ("KT"), http%3A%2F%2Fwww.klaymantoskes.com, announces an investigation on behalf of investors who sustained losses from the purchase of Goldman Sachs MLP Income Opportunities Fund (NYSE:GMZ, Financial) (“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.
NOTICE TO GOLDMAN SACHS MLP INCOME OPPORTUNITIES FUND (GMZ) INVESTORS – KlaymanToskes commences investigation on behalf of GMZ Investors Who Sustained Losses in Excess of $100,000 as a Result of a Recommendation from their Financial Advisor
Mar 30, 2020
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers