Concerned about investment losses in Penn Virginia Corporation?
Are you concerned about your investment in Penn Virginia Corporation? If so, the securities attorneys at The White Law Group may be able to help you.
Penn Virginia Corporation is an independent oil and gas company engaged in the exploration, development and production of oil, NGLs and natural gas in various domestic onshore regions of the United States, with a primary focus in the Eagle Ford Shale in South Texas, according to its website.
Many oil and gas companies were forced to file bankruptcy due to the devastating drop in oil prices in 2014, including Penn Virginia Corporation. The company emerged from bankruptcy in September 2016.
The White Law Group is investigating potential claims involving broker dealers who may have unsuitably recommended Penn Virginia Corporation to investors.
Oil and gas investments are often speculative in nature. Additionally, brokerage firms are required to perform adequate due diligence on any investment it recommends and to ensure that all recommendations are suitable in light of the investor’s age, investment experience, net worth, income, and investment objectives.
If a financial advisor or brokerage firm fails to perform adequate due diligence or makes an unsuitable investment recommendation, they can be held responsible for any losses through a FINRA arbitration claim.
If you are concerned about your investment in Penn Virginia Corporation, The White Law Group may be able to help you. For a free consultation with a securities attorney, please call 888-637-5510.
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 White Law Group, visit https://whitesecuritieslaw.com.