Recovery of Reef 2011 Private Drilling Fund Losses

Thursday, May 21st, 2015

Have you suffered investment losses in Reef 2011 Private Drilling Fund ? If so, The White Law Group may be able to help.

Reef 2011 Private Drilling Fund is an oil and gas private placement investment sponsored by Reef Oil and Gas Companies, based in Richardson, Texas. The company engages in oil and natural gas exploration, production and property acquisitions.

The White Law Group is investigating the liability that brokerage firms may have for recommending Reef 2011 Private Drilling Fund to some clients. Oil and gas private placements are high-risk, speculative investments that are unsuitable for many investors. This type of investment is also exempt from registration with the Securities and Exchange Commission, and therefore they lack the same regulatory oversight as more traditional investments.

Unfortunately for many investors the risks associated with oil and gas private placements may have been understated and misrepresented by their broker. While oil and gas partnerships can be lucrative, they are extremely speculative investments that often lack liquidity. Investors are often risking total losses of their investment.

Brokerage firms that sell oil and gas private placements, like Reef 2011 Private Drilling Fund, have a fiduciary duty to perform adequate due diligence to determine if the investment is appropriate for the client given the client’s age, net-worth, financial objectives, investment experiences, financial needs, and risk tolerance.

Unfortunately, the high sales commissions associated with oil and gas investments often provides some brokerage firms with enough incentive to overlook suitability requirements. If a brokerage firm makes unsuitable investment recommendations 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 Reef 2011 Private Drilling Fund, please contact The White Law Group at (312)238-9650 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit www.whitesecuritieslaw.com.

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Investigation into Eagle Ford Leasehold Investment Losses

Tuesday, May 19th, 2015

Have you suffered investment losses in a Eagle Ford Leasehold? If so, The White Law Group may be able to help.

The White Law Group is investigating potential securities fraud claims on behalf of investors involving various broker-dealers’ recommendation that investors purchase risky oil and gas private placements.

Oil and gas partnerships and private placements are generally risky ventures that are only appropriate for sophisticated investors. Unfortunately, because of the high commissions these products pay to brokers, they are often sold to unsophisticated and retired investors. Brokers typically earn commissions of 5% to 10% of the sale, and as much as 20%.

Before recommending an investment, a broker-dealer has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the necessary due diligence to determine whether the investment is suitable for the investor. Unfortunately, brokerage firms sometimes fail to perform the necessary due diligence with respect to oil and gas partnership investments like Eagle Ford prior to recommending them to their clients.

To determine whether you may be able to recover investment losses incurred as a result of your purchase of a Eagle Ford, please contact The White Law Group at 312-238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, please visit our website at www.whitesecuritieslaw.com.

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Investigation into Eagle Ford Grande Joint Venture Losses

Tuesday, May 19th, 2015

Have you suffered investment losses in a Eagle Ford Grande Joint Venture? If so, The White Law Group may be able to help.

The White Law Group is investigating potential securities fraud claims on behalf of investors involving various broker-dealers’ recommendation that investors purchase risky oil and gas private placements.

Oil and gas partnerships and private placements are generally risky ventures that are only appropriate for sophisticated investors. Unfortunately, because of the high commissions these products pay to brokers, they are often sold to unsophisticated and retired investors. Brokers typically earn commissions of 5% to 10% of the sale, and as much as 20%.

Before recommending an investment, a broker-dealer has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the necessary due diligence to determine whether the investment is suitable for the investor. Unfortunately, brokerage firms sometimes fail to perform the necessary due diligence with respect to oil and gas partnership investments like Eagle Ford prior to recommending them to their clients.

To determine whether you may be able to recover investment losses incurred as a result of your purchase of a Eagle Ford, please contact The White Law Group at 312-238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, please visit our website at www.whitesecuritieslaw.com.

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Recovery of Passco Lionsgate TIC Losses

Monday, May 18th, 2015

Have you suffered investment losses in a Passco Lionsgate tenant-in-common (TIC)? If so, The White Law Group may be able to help you recover your losses through a FINRA arbitration claim against the brokerage firm that recommended the investment.

Many investors are attracted to the potentially high returns offered by TICs, especially retired investors seeking a source of income. Unfortunately, TICs are high risk, speculative investments and arguably unsuitable for most investors since the TICs performance and ability to make distributions to investors is dependent on the underlying real estate property and the overall health of the real estate market.

TICs can involve high risks and liquidity problems and in many cases brokerage firms misrepresent these risks and instead focus on the potential income stream. Furthermore, TICs typically pay a high commission – often as much as 10%. Unfortunately the these high commissions provide enough motivation for some brokers to overlook suitability issues when recommending TICs to clients.

Brokerage firms that sell TICs, like Passco Lionsgate, have a fiduciary duty to recommend investments that are in line with the client’s investment objectives, risk tolerance, age, net worth, investment experience, and liquidity needs. In addition, brokerage firms are required to adequately disclose all the risks associated with any given investment, and to perform adequate due diligence to determine if the investment has a reasonable likelihood of success.

To determine whether you may be able to recover investment losses incurred as a result of your purchase of a risky TIC investment, please contact The White Law Group at (312)238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.

 

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MDS 2014-Marcellus Shale Development Oil and Gas Investment Losses

Monday, May 18th, 2015

Have you suffered investment losses in a MDS 2014-Marcellus Shale Development ? If so, The White Law Group may be able to help.

The White Law Group is investigating potential securities fraud claims on behalf of investors involving various broker-dealers’ recommendation that investors purchase risky oil and gas private placements.

Oil and gas partnerships and private placements are generally risky ventures that are only appropriate for sophisticated investors. Unfortunately, because of the high commissions these products pay to brokers, they are often sold to unsophisticated and retired investors. Brokers typically earn commissions of 5% to 10% of the sale, and as much as 20%.

Before recommending an investment, a broker-dealer has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the necessary due diligence to determine whether the investment is suitable for the investor. Unfortunately, brokerage firms sometimes fail to perform the necessary due diligence with respect to oil and gas partnership investments like MDS prior to recommending them to their clients.

To determine whether you may be able to recover investment losses incurred as a result of your purchase of a MDS, please contact The White Law Group at 312-238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, please visit our website at www.whitesecuritieslaw.com.

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