Recovery of investment losses in Adageo Energy Group – Drilling Program 2007 LLC Investment Losses
Did you lose money investing in Adageo Energy Group – Drilling Program 2007 LLC at the recommendation of your broker? 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.
According to their website, Adageo Energy is an independent oil and gas company that was a focus on identification, acquisition, drilling, development and operation of oil and gas properties as well as the construction and operation of natural gas pipelines. The company has an interest in acquiring underdeveloped and undervalued assets located primarily in the lower 48 states.
The trouble with Reg D private placement investments like Adageo Energy Group – Drilling Program 2007 LLC, is that they involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Private placements are sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.
In general, oil and gas private placement investments, are high risk, speculative investments better suited for sophisticated and institutional investors that can afford to risk total loss of their investment.
Unfortunately, some brokers may have downplayed the risks associated with oil and gas private placements and misled investors into thinking that they are “safe” investment products. The high sales commission brokers earn for selling such products may provide some brokers with enough incentive to push the product to unsuspecting investors.
Broker dealers that sell these type of 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.
If a broker makes an unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.
Recovery of Investment Losses
To determine whether you may be able to recover investment losses incurred as a result of your purchase Adageo Energy Group – Drilling Program 2007 LLC, please contact The White Law Group at 1-888-637-5510 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. For more information on the firm, visit www.WhiteSecuritiesLaw.com.