Concerned about your investment in Infinity Energy Resources Inc.?
The White Law Group is investigating potential securities claims involving broker-dealers who may have unsuitably recommended an investment in Infinity Energy Resources Inc.
Infinity Energy Resources, Inc. is an independent energy company that focuses on oil and gas exploration offshore of Nicaragua in the Caribbean Sea, according to Bloomberg.
The company filed a form D to raise capital from investors in 2015 and the total amount sold was purportedly $12,000,000 with an estimated 5% paid in sales commissions and fees.
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.
Broker dealers are required to perform adequate due diligence on all investment recommendations. They must ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.
If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim. Fortunately, FINRA provides an arbitration forum for investors to resolve such disputes.
Free Consultation with a Securities Attorney
If you are concerned about your investment in Infinity Energy Resources Inc., you may be able to file a complaint against your brokerage firm. Please contact the securities attorneys at The White Law Group at 1-888-637-5510 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee. The firm represents investors throughout the country in claims against their brokerage firm.
For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.