Alpha Energy Partners Drilling Program 2010 C LP Investigation
Are you concerned about your investment in Alpha Energy Partners Drilling Program 2010 C LP? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
U.S. Energy Development Corporation explores, drills, and operates oil and natural gas wells in the United States and Canada, according to Bloomberg. The company focuses on drilling, acquisition, and joint venture opportunities. The company reportedly sells its products through wholesalers.
U.S. Energy raises money through Reg D private placement offerings like the company did for Alpha Energy Partners Drilling Program 2010 C LP. These Reg D private placements are typically sold by brokerage firms in exchange for a large up front commission, usually between 7-10%, as well as additional “due diligence fees” that can range from 1-3%.
Oil & Gas Investments
The trouble with alternative investment products, like Alpha Energy Partners Drilling Program 2010 C LP, is that they involve a high degree of risk. They are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.
An additional risk inherent to U.S. Development Corporation offerings is also the general risk that comes with the energy market – a market that has seen enormous losses over the last few years due to the declining cost of oil and other energy commodities.
The White Law Group is investigating the liability that brokerage firms may have for improperly selling oil and gas private placements like Alpha Energy Partners Drilling Program 2010 C LP to investors.
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.
Fortunately for investors, FINRA provides an arbitration forum for investors to resolve such disputes. 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 in a FINRA arbitration claim.
If you suffered losses investing in Alpha Energy Partners Drilling Program 2010 C LP, please contact The White Law Group at 1-888-637-5510 for a free consultation with a securities attorney.
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 Franklin, Tennessee. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.