February 18, 2016 Comments (0) Blog, Current Investigations

Investor Alert: Republic Resources, LLC Files Bankruptcy Protection

(Last Updated On: September 6, 2016)

Have you suffered losses investing in Republic Resources, LLC? If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

According to Bloomberg, Republic Resources LLC is engaged in oil and natural gas exploration, development, and production in south Texas, the Gulf Coast region, and Louisiana. Republic Resources LLC was formerly known as York & Price Petroleum and changed its name in 1997. The company was founded in 1994 and is based in San Antonio, Texas.

On February 17, 2016, the voluntary petition of Republic Resources LLC for reorganization under Chapter 11 was converted to Chapter 7. It had filed for Chapter 11 bankruptcy on October 31, 2015.

The White Law Group is investigating the liability brokerage firms may have for recommending Republic Resources, LLC. Brokerage firms are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor in light of that particular investor’s age, investment experience, net worth, risk tolerance, investment objectives, and income. Firms that fail to perform adequate due diligence or that make unsuitable recommendations can be held responsible for investment losses in a FINRA arbitration claim.

If you suffered losses in Republic Resources, LLC and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at (888) 637-5510 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 Vero Beach, Florida. The firm represents investors in FINRA arbitration claims throughout the country. For more information on the firm, visit http://www.whitesecuritieslaw.com.