Apache Corporation (APA) Securities Investigation
Are you concerned about investment losses in Apache Corporation (NYSE: APA)? If so, the securities attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration Claim against the brokerage firm that sold you the investment.
Apache Corporation is an independent energy company. According to Bloomberg, the Company reportedly explores for, develops, and produces natural gas, crude oil, and natural gas liquids.
Unfortunately for investors, after an upswing in oil prices in 2016, most oil and gas stocks are down substantially in the last year. According to Yahoo Finance, in the past six months, Apache Corporation’s share price has reportedly declined 24%.
Investigating Potential Lawsuits
The White Law Group is investigating the liability that brokerage firms may have for recommending Apache Corporation. Unfortunately for many investors they did not fully understand the risks of investing in oil and gas investments like Apache Corporation.
Brokerage firms are required to perform adequate due diligence to evaluate whether the investments they recommend are suitable in light of the client’s age, net worth, risk tolerance, investment experience, and investment objectives.
Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
The White Law Group believes certain financial advisors have been recommending high risk energy investments improperly to income seeking retired investors – focusing on the income potential of the investments while downplaying or ignoring the risks.
Recovery of Investment Losses
If you suffered losses investing in Apache Corporation at the recommendation of your financial advisor, please call the securities attorneys at The White Law Group at 888-637-5510 for a free consultation.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group, please visit https://www.whitesecuritieslaw.com.