Concerned about investment losses in a SandRidge Energy Inc. investment?
Have you suffered losses investing in SandRidge Energy Inc. at the recommendation of a financial advisor? If so, the securities attorneys of The White Law Group may be able to help you recover those losses through a FINRA arbitration claim.
The White Law Group is continuing to investigate the liability that broker-dealers and financial professionals may have for improperly recommending SandRidge Energy investments to its clients.
SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City, Oklahoma with its principal focus on exploration and production. In order to raise money for its operations, SandRidge Energy has used the services of broker-dealers to sell “private placement” interests. There are now reports that certain of these private placement interests are down as much as 90%.
In May 2016, SandRidge filed for Chapter 11 Bankruptcy Protection, another victim in the downturn of oil prices. SandRidge listed $7 billion in assets and $4 billion in debt on its Chapter 11 bankruptcy petition, filed in the U.S. Bankruptcy Court for the Southern District of Texas.
Specifically, The White Law Group is investigating the following SandRidge Energy Inc. offerings:
|SandRidge Capital Energy Fund L.P.|
|SandRidge Exploration & Production LLC|
|SandRidge Holdings Inc.|
|SandRidge Midstream Inc.|
|SandRidge Offshore LLC|
|SandRidge Onshore LLC|
|SandRidge Operating CO|
|SandRidge Tertiary LLC|
Fortunately, FINRA does provide for an arbitration forum for investors to resolve such disputes and 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 SandRidge Energy Inc., please call the securities attorneys of The White Law Group at (888) 637-5510 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 Franklin, Tennessee. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on The White Law Group, visit https://www.whitesecuritieslaw.com.