Concerned about your investment in Vista Drilling Program 2014 LP?
Are you concerned about your investment in Vista Drilling Program 2014 LP? 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.
Vista Resources, Inc., is an independent oil and natural gas company headquartered in Pittsburgh, Pennsylvania. Vista has entered into strategic alliances with various industry and joint venture partners on oil and natural gas drilling programs, acquisitions and pipeline projects throughout the Appalachian Basin and the Rockies, according to its website.
According to SEC filings, the company filed a form D to raise capital from investors for the offering Vista Drilling Program 2014 LP in 2015. The offering type was equity total offering amount was purportedly $25,000,000. The sales compensation recipients were purportedly Beaconsfield Financial Services and First Asset Financial, according to the Reg D.
Securities markets have taken a huge hit amidst the Covid-19 global pandemic, and oil prices are at an all-time low. Energy investments such as Vista Drilling Program 2014 LP typically involve a high degree of risk. The energy market has seen enormous losses over the last few years due to the declining cost of oil and other energy commodities. These investments may seem wise at first, until the dramatic drop in distributions.
Investigating Potential Securities Claims
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling high-risk energy investments to its clients.
Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.
Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration.
If you are concerned about your investment in Vista Drilling Program 2014 LP, The White Law Group may be able to help. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, please visit https://www.whitesecuritieslaw.com.