October 21, 2017 Comments (0) Blog, Current Investigations

Adageo Energy Partners LP – Securities Investigation

Adageo Energy Partners LP
(Last Updated On: November 7, 2017)

Investigating Potential Claims involving Adageo Energy Partners LP

Are you concerned about your investment losses in Adageo Energy Partners LP? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses through a FINRA Arbitration claim.

Adageo Energy is an independent oil and gas company that focuses on identification, acquisition, drilling, development and operation of oil and gas properties as well as the construction and operation of natural gas pipelines, according to their website.

The company often raises money for investments through Reg D private placement offerings.  Adageo Energy Partners LP  is one such offering.  Reg D private placements are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%.

Upon information and belief, the sales commissions earned by broker dealers who sold Adageo Energy Partners to investors was a whopping 10%. According to SEC filings, the following firms offered Adageo investments to their clients:

Jesup & Lamont Securities Corp.

Sunset Financial Services Inc.

Charter Pacific Securities, LLC

ePLANNING Securities Inc.

Newbridge Securities Corporation

Arete Wealth Management LLC

WFP Securities Inc.

Madison Avenue Securities Inc.

Direct Capital Securities Inc.

Capital Guardian LLC

Another problem with private placement investments such as Adageo Energy Partners LP is that they involve a high degree of risk. They are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.  These investments may seem wise at first, until the dramatic drop in distributions.

Are High Risk Oil and Gas Private Placements Suitable for you?

The White Law Group is investigating potential claims against the broker dealers that sold high risk oil and gas investments such as Adageo Energy Partners LP, onto unsuspecting investors.

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

Often brokers will misrepresent the basic features of the products – usually focusing on the income potential and tax benefits while downplaying the risks.

A broker or brokerage firm can be held liable if they make an unsuitable investment recommendation or fail to adequately disclose the risks. The Financial Industry Regulatory Authority (FINRA) provides an arbitration forum for investors to resolve such disputes.

Free Consultation

If you are concerned about investment losses in Adageo Energy Partners LP, call for a free consultation with a securities attorney.  Please contact The White Law Group at 1-888-637-5510.

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.