January 3, 2021 Comments Off on Concerned about your investment in Royale Energy, Inc.?  Blog, Current Investigations

Concerned about your investment in Royale Energy, Inc.? 

Concerned about your investment in Royale Energy Inc.? Featured by top securities fraud attorneys, The White Law Group 

Securities Investigation involving Royale Energy, Inc.

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling high-risk oil and gas investments, like Royale Energy Inc., to its clients. 

Royale Energy, a development oil and gas production company, currently owns interest in over 70 producing oil and natural gas wells in California and Texas and markets oil and natural gas to its customers, according to its website.

The Company says it provides investment products through the use of joint investment in multiple wells, which “seek to minimize investor risk while providing maximum return.” Royale Energy filed a form D to raise capital from investors in 2016. The total offering amount was purportedly $3,125,000.

Investigating Potential Securities Claims 

Energy investments 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. 

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 Royale Energy Inc., the securities attorneys at 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.

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

 

 

 

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