Investigating Potential Lawsuits involving Sail Energy Holdings
Are you concerned about your investment in Sail Energy Holdings? 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.
The White Law Group is investigating potential securities fraud claims involving broker dealers who may have improperly recommended high risk alternative investments such as Sail Energy Holdings to investors.
According to Bloomberg, Sail Energy Holdings, LLC operates in energy industry. The company was incorporated in 2012 and is based in Portsmouth, New Hampshire.
Sail Energy Holdings, LLC filed a form D to raise money from investors in 2014.
Investments such as these are typically sold by brokerage firms in exchange for a large up front commission. High fees can range from 7-10%, as well as additional “due diligence fees” that can range from 1-3%.
The problem with private placement investments such as Sail Energy Holdings is that they typically involve a high degree of risk. They are also often sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.
Due Diligence on Private Placement Investments
Broker dealers are required to perform adequate due diligence on all investment recommendations. They must ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
Often brokers will misrepresent the basic features of the products – usually focusing on the income potential and tax benefits while downplaying the risks.
A broker or brokerage firm can be held liable if they make an unsuitable investment recommendation or fail to adequately disclose the risks. The Financial Industry Regulatory Authority (FINRA) provides an arbitration forum for investors to resolve such disputes.
Have you suffered investment losses in Sail Energy Holdings? If so, the securities attorneys at The White Law Group may be able to help you. Please contact The White Law Group at 1-888-637-5510 for a free consultation.
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. 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.