Business Trial Group Investigating Oil, Gas & Energy Investment Losses
Many investors were misled into investing in oil, gas, and energy investments based on their financial advisor’s promises that the securities were a “safe” or “conservative” way to obtain steady growth and income. As oil and gas prices have plummeted over the past few years, these investors are now experiencing substantial losses in their portfolios.
Advisors and brokers have increasingly placed investors into risky energy investments.
Morgan & Morgan’s Business Trial Group is currently investigating financial advisors and brokers that have misled investors about the risks associated with investments in the energy sector. If you have suffered losses due to your financial advisor or broker investing in oil and gas limited partnerships or energy funds, we may be able to help. Contact us for a free case review.
Brokers May Have Misrepresented Energy Investment Risks
Financial advisors and brokers have increasingly placed investors into energy investments believing that traditional sources of energy, namely oil and gas, will have continuous worldwide demand. Energy investments, however, are highly volatile and contain a lot of risk.
The recent crash in oil prices due to oversupply and a rise in demand for renewable energy is an example of the energy sector’s volatility. Relatedly, the Securities and Exchange Commission, the federal regulatory agency tasked with protecting investors in the financial markets, warns that investing in private placements in oil and gas companies “may involve a high degree of risk…[and you] should be aware that you could lose your entire investment.”
Claims for investment losses are typically subject to mandatory arbitration before the Financial Industry Regulatory Authority, or “FINRA.” The rules and procedures of FINRA are different than traditional lawsuits, so it is important to hire attorneys well-versed in securities arbitration to handle your case.
Contingency-Fee Securities Arbitration Lawyers
The Business Trial Group’s investment fraud attorneys have an extensive understanding of securities laws and FINRA policies. We also benefit from our practical experience in and around the securities industry. Attorneys in Morgan & Morgan PA’s Business Trial Group have worked in brokerages, earned MBAs, and spent many years as defense lawyers for Wall Street firms.
We understand the legal and business aspects of securities.
With the support of a 350-plus attorney firm and the resources necessary to take on the most complex investment and securities cases, the Business Trial Group is dedicated to achieving the best possible result in your case.
If you have suffered losses due to your financial advisor or broker investing in oil and gas limited partnerships or energy funds, the Business Trial Group may be able to help. Because we represent clients on a contingency fee basis, you pay no upfront hourly fees or retainers, and we only receive a fee if we are able to recover compensation on your behalf.
For a no cost and no obligation case review, please call us at (877) 599-3102 or fill out our case review form today.