Investigating Potential Claims – Capital City Energy Fund XVII LP
The White Law Group is investigating potential claims involving the liability that some broker dealers may have for unsuitably recommending Capital City Energy Funds to investors.
Capital City Energy Group, Inc., incorporated on June 27, 2006, is an integrated, independent energy company. The Company is engaged in the development and ownership of both various, non-operated well interests, and wells developed and operated by itself.
According to SEC filings, from 2006 thru 2009 Capital City Energy group raised money from investors through Regulation D private placement offerings. Reg D private placements are typically sold by brokerage firms in exchange for a large up front commission.
The trouble with alternative investment products, like Capital City Energy Fund XVII LP, is that they involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Alternative investments are typically sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.
An additional risk inherent to Capital City offerings is also the general risk that comes with the energy market – a market that has seen enormous losses over the last few years.
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.
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.
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Capital City Energy Fund XVII LP, 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. For more information on the firm, visit www.WhiteSecuritiesLaw.com.