Concerned about your investment in Hyperdynamics Corp.?
Are you concerned about your investment in Hyperdynamics, Corp. (HDYNQ)? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.
Hyperdynamics, Corp., based in Houston, Texas, engages in the oil and gas exploration business. It reportedly focuses on the concession to explore in offshore Republic of Guinea located in Northwest Africa.
The company filed a form D to raise capital from investors in December 2017, according to filings with the SEC. The total offering amount sold was purportedly $6,330,000.
According to public records, the company filed for Chapter 7 bankruptcy in the Southern District of Texas’ bankruptcy court in December 2017. The company reportedly filed jointly with its subsidiary, SCS Corporation Ltd., bringing between $1 million and $10 million in debt to the proceedings.
Filing a Complaint against your Brokerage Firm
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly recommending high-risk investments to investors.
The problem with oil and gas investments such as Hyperdynamics, Corp. is that they typically involve a high degree of risk.
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 investment losses in Hyperdynamics, Corp., please call the securities attorneys at The White Law Group for a free consultation at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance 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.