November 30, 2018 Comments (0) Blog, Current Investigations

All American Oil & Gas Inc. Files Bankruptcy

All American Oil & Gas Inc.

Investigating Potential Claims – All American Oil & Gas Inc.

Are you concerned about your investment in All American Oil & Gas Inc.? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

All American Oil and Gas Inc., founded in 2003, acquires and operates oil and gas properties, according to Bloomberg. The company and its affiliates reportedly filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Western District of Texas on November 12, 2018.

The problem with oil & gas investments such as All American Oil & Gas Inc. is that they typically involve a high degree of risk especially since the energy market has seen huge losses since 2014.

Investigating Potential Claims

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk oil & gas investments, like All American Oil & Gas Inc. to investors.

Brokerage firms are required to perform due diligence on any offering they recommend and to ensure that all recommendations made are suitable in light of the client’s age, investment experience, net worth, income, and investment objectives.

If a firm fails to perform due diligence or makes an unsuitable recommendation, the broker-dealer can be held responsible for any losses in a FINRA arbitration claim.

FINRA can help resolve problems and disputes through two non-judicial proceedings: arbitration and mediation. FINRA’s Dispute Resolution forum handles nearly all of the securities-related arbitrations and mediations in the United States.

If you have concerns regarding your investment in All American Oil & Gas Inc. and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visithttps://www.whitesecuritieslaw.com.