Investor Alert: Texas Energy Equitas Drilling Program
Have you suffered losses in Texas Energy Equitas Drilling Program? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.
Texas Energy Holdings is a privately-held independent oil and natural gas company that focuses on acquiring income-producing properties and developmental drilling in proven producing fields. Their portfolio of assets encompasses premier positions of U.S. oil and natural gas resource plays with the majority of their development in Texas and Oklahoma.
According to its Form D SEC filing, Texas Energy Equitas Drilling Program is an offering of Texas Energy Holdings. Texas Energy Holdings offered the Regulation D private placement offering of Texas Energy Equitas Drilling Program in order to raise capital, and this private placement was offered and sold by certain FINRA registered broker-dealers.
The Trouble with Reg D private placements
Private placements are a means for smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC. These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.
The White Law Group continues to investigate the liability that FINRA registered brokerage firms may have for improperly selling high-risk private placements, like Texas Energy Equitas Drilling Program, to their clients.
Notwithstanding the risks of investing in private placements, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.
To speak with a securities attorney regarding your investment in Texas Energy Equitas Drilling Program, please call The White Law Group at 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 Vero Beach, Florida.
For more information on The White Law Group, visit the firm’s website at https://www.whitesecuritieslaw.com.