Investigation of Noble Royalties
Have you suffered substantial losses in your investment with Noble Royalties? If so, the securities fraud attorneys at The White Law Group may be able to help you recover your losses.
According to Noble Royalties website, the company specializes in the acquisition, funding and management of coal, oil and natural gas royalties. Noble was founded in 1997 and has become one of the largest independent buyers of oil and gas royalties in the U.S.
Noble offers multiple investment products to accredited investors through various broker-dealers. The White Law Group is investigating the liability some broker-dealers may have for selling Noble investment products, particularly Noble Royalty Access Fund III, IV and V, to unsuitable investors.
Oil and gas private placements, like many of the Noble investment products, are often speculative ventures. Private placements are light in regulatory oversight and as such intended for accredited investors.
Broker-dealers are required by the Financial Industry Regulatory Authority (FINRA) to sell private placements only to accredited investors that meet suitability standards. The investors’ age, risk tolerance, net worth, and investment experience should be taken in to account in order to determine whether a particular investment recommendation is suitable. Broker-dealers that overlook FINRA suitability requirements can be liable for investment losses through FINRA arbitration.
Recovery of Investment Losses
The White Law Group, LLC 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, visit https://www.whitesecuritieslaw.com.