April 18, 2016 Comments (0) Blog

Atlas Resources Series 33-2013 LP Investment Losses

Atlas Resources Series 33-2013 LP
(Last Updated On: October 6, 2017)

Atlas Resources Series 33-2013 LP Investigation

Did you lose money investing in Atlas Resources Series 33-2013 LP? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.

Atlas Resource Partners often raises money for investments through Reg D private placement offerings like the company did for Atlas Resources Series 33-2013 LP.  These Reg D private placements are then typically sold by brokerage firms in exchange for a large up front commission, usually between 7-10%, as well as additional “due diligence fees” that can range from 1-3%.

Reg D Private Placements are Risky

The trouble with alternative investment products, like Atlas Resources Series 33-2013 LP, is that they involve a high degree of risk and are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.

Many oil and gas LPs have high expense ratios, and due to the decline in the overall health of the oil and gas market, are suffering. Some are on the brink of default, or worse yet, bankruptcy.  Such an outcome is extreme, but not unforeseen. It only highlights the unsuitability of these investments for most retail investors – particularly in large concentrations.

The White Law Group is investigating the liability that brokerage firms may have for improperly selling oil and gas private placements like Atlas Resources Series 33-2013 LP.

Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.

Reg D private placements have high sales commission and due diligence fees.  Brokers have an enormous incentive to push the product to unsuspecting investors who do not fully understand the risks of these types of investments. Often they focus on the income potential and tax benefits while downplaying the risks.

Fortunately, FINRA does provide for an arbitration forum for investors to resolve such disputes and if a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be liable for investment losses in a FINRA arbitration claim.

If you have suffered losses investing in Atlas Resources Series 33-2013 LP the White Law Group may be able to help you. Please contact The White Law Group at 1-888-637-5510 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 throughout the country in claims against their brokerage firm.

For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.