Have you suffered losses investing in an oil and gas company that declared bankruptcy in 2015? If you purchased the investment at the recommendation of a financial advisor, the securities attorneys of The White Law Group may be able to help you recover those losses through a FINRA arbitration claim against your advisor or brokerage firm.
With oil continuing to trade at less than 50% of what it traded at just last year, oil and gas companies (particularly smaller operations) continue to struggle. Many have already been forced to declare bankruptcy.
According to reports, the following oil and gas companies have declared bankruptcy this year (with more expected to do so if oil prices do not rebound):
Samson Resources Corp.
Sabine Oil and Gas
Quiksilver Resources
Milagro Oil and Gas
Victory Exploration
EFG Resources
BPZ Resorces
Miller Energy Resources
American Eagle Energy
Laricina Energy
Black Elk Energy Offshore
Duer Wagner Oil and Gas
Dune Energy
Ivanhoe Energy
WBH Energy Partners
Escalera Resources
American Standard Energy Corp.
COGI Limited Parnership
Shoreline Energy
American National Energy Corp.
Arabella Petroleum
Sable Operating Company
Sun River Energy
Waldron Energy
Primera Energy
Continental Exploration
Buckingham Oil Interests
Armada Oil, Inc.
Luca International Group
Windfire Resources
Samco Oil
The White Law Group is investigating the liability that brokerage firms may have for recommending investments in these companies. Oil and gas investments are often speculative in nature. Additionally, brokerage firms are required to perform adequate due diligence on any investment it recommends and to ensure that all recommendations are suitable in light of the investor’s age, investment experience, net worth, income, and investment objectives.
If a financial advisor or brokerage firm fails to perform adequate due diligence or makes an unsuitable investment recommendation, they can be held responsible for any losses through a FINRA arbitration claim.
If you suffered losses in an oil and gas company that declared bankruptcy and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.
For more information on The White Law Group and its representation of investors, please visit https://whitesecuritieslaw.com.
Tags: American Eagle Energy bankruptcy, Arabella Petroleum bankruptcy, Black Elk Energy Offshore bankruptcy, BLZ Resources bankruptcy, ERG Resources bankruptcy, Ivanhoe Energy bankruptcy, Milagro Oil bankruptcy, oil and gas bankruptcies 2015, oil and gas bankruptcy attorney, Primera Energy bankruptcy, Quiksilver Resources bankruptcy, Sabine Oil bankruptcy, Samco oil bankruptcy, Saratoga Resources bankruptcy, Waldron Energy bankruptcy Last modified: December 16, 2015