Energy 11 LP – High Risk Energy Investment
Are you concerned about your investment in Energy 11 LP? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
Energy 11, L.P. focuses on acquiring working interests, leasehold interests, royalty interests, overriding royalty interests, production payments, and other interests in producing and nonproducing oil and gas properties in the United States, according to Bloomberg.
As of December 31, 2015, it owned 11% working interest in approximately 215 producing wells in the Sanish field located in Mountrail County, North Dakota. Energy 11 GP, LLC is the general partner of the company. The company was founded in 2013 and is based in Fort Worth, Texas.
The problem with oil & gas investments such as Energy 11 LP is that they typically involve a high degree of risk especially since the energy market has seen huge losses since 2014.
Investigating Potential Claims
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk oil & gas investments, like Energy 11 LP to investors.
Brokerage firms are required to perform due diligence on any offering they recommend and to ensure that all recommendations made are suitable in light of the client’s age, investment experience, net worth, income, and investment objectives.
If a firm fails to perform due diligence or makes an unsuitable recommendation, the broker-dealer can be held responsible for any losses in a FINRA arbitration claim.
FINRA can help resolve problems and disputes through two non-judicial proceedings: arbitration and mediation. FINRA’s Dispute Resolution forum handles nearly all of the securities-related arbitrations and mediations in the United States.
If you have concerns regarding your investment in Energy 11 LP and would like to speak with a securities attorney about your options, please call The White Law Group at 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.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visithttp://www.whitesecuritieslaw.com.