Investigation of Reef Oil and Gas
Have you suffered investment losses in a Reef Oil and Gas partnership investment? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
Reef Oil & Gas Partners L.P. operates as the general partner of Reef Oil and Gas Companies and engages in developing, exploiting, and producing oil and natural gas. It also operates wells to be drilled. The company was founded in 1987 and is based in Richardson, Texas.
Risks of Oil and Gas Partnerships
The White Law Group is investigating potential securities fraud claims on behalf of investors involving various broker-dealers’ recommendation that investors purchase risky oil and gas partnerships like Reef Oil and Gas.
Oil and gas partnerships involve substantial risks and are only appropriate for sophisticated investors.
Before recommending an investment, a broker-dealer has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the necessary due diligence to determine whether the investment is suitable for the investor. It appears that many brokerage firms failed to perform the necessary due diligence with respect to oil and gas partnership investments like Reef prior to recommending them to their clients.
Specifically, The White Law Group is investigating the following REEF offerings among others:
REEF Oil & Gas Income Fund IX LP
REEF Oil & Gas Income and Development Fund, LP
REEF Oil & Gas Income and Development Fund IV, LP
REEF Oil & Gas Income and Development Fund III, LP
REEF Oil & Gas 2010-A Income Fund, LP
REEF 2009 Drilling Fund, LP
To determine whether you may be able to recover investment losses incurred as a result of your purchase of a Reef Oil and Gas private placement investment, please contact The White Law Group at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.