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.