Alta Mesa Resources Files for Chapter 11 Bankruptcy Protection
Are you concerned about your investment in Alta Mesa Resources (AMR)? 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.
Alta Mesa Resources, an independent oil & gas exploration & production company, filed for bankruptcy on September 12, citing “a historically challenging commodity price environment and a capital market that is highly constrained for energy companies.”
Investigating Potential Claims
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly recommending high-risk oil and gas investments to investors.
The energy market has seen enormous losses over the last few years due to the declining cost of oil and other energy commodities.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim.
If you have concerns regarding your investment in Alta Mesa Resources 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 Franklin, Tennessee.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.