Linn Energy (LINE -14.4%) and LinnCo (LNCO -12.2%) are downgraded by at least three firms...

|About: Linn Energy, LLC (LINEQ)|By:, SA News Editor

Linn Energy (LINE -14.4%) and LinnCo (LNCO -12.2%) are downgraded by at least three firms following the disclosure of the informal SEC inquiry. J.P. Morgan expects significant volatility in LINE until the SEC inquiry is resolved and the impact on the Berry (BRY -5.2%) transaction is known. Howard Weil thinks the SEC could wind up forcing LINN to restate non-GAAP discretionary cash flow (Briefing.com).