Have you suffered losses in Patriot Minerals? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through FINRA arbitration.
According to its Form D SEC filing, Patriot Minerals is a San Antonio, Texas based oil and gas exploration company. In order to raise capital for its offerings, Patriot Minerals has had several Regulation D private placement offerings, including Patriot Minerals Arapaho and Tri-State Development Program, and these private placements were offered and sold by certain FINRA registered broker-dealers.
Private placements are a means for smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC. These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.
The White Law Group continues to investigate the liability that FINRA registered brokerage firms may have for improperly selling high-risk private placements, like Patriot Minerals, to their clients.
Notwithstanding the risks of investing in private placements, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
To speak with a securities attorney regarding your investment in Patriot Minerals, please call The White Law Group at 312/238-9650 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit the firm’s website at http://www.whitesecuritieslaw.com.
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