Investor Alert: Black Pine Minerals LLC 

Investigating Claims involving Black Pine Minerals, LLC

Are you concerned about your investment in the Black Pine Minerals LLC? If so, the securities attorneys at The White Law Group may be able to help you recover your losses by filing a complaint against the brokerage firm that sold you the investment. 

According to filings with the SEC, Black Pine Minerals LLC based in Midland, Texas, filed a Form D to raise capital from investors for mineral properties securities. The total offering amount sold to investors was purportedly $4,424,226 

The trouble with alternative investment products such as Black Pine Minerals is that they involve a high degree of risk and are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks and bonds.  An additional risk inherent to Black Pine Minerals LLC is the general risk that comes with the energy market – a market that has seen enormous losses due to the market crisis amid the Covid-19 global pandemic. 

Further, Reg D private placements are typically sold by brokerage firms in exchange for a large up-front commission, usually between 7-10%. In the case of this particular offering, the sales commissions and fees were estimated at 6% of the offering amount, according to the Reg D. 

Private placement investments are also illiquid. It can be difficult to sell your alternative investment since it isn’t traded on any exchange, and if you are able to find a buyer in a secondary market, you may lose money on the sale. 

For more information on Reg D private placement investments please see: 

Regulation D Private Placement Fraud Attorneys 

Filing a Complaint against your Brokerage Firm 

The White Law Group is investigating securities claims involving broker dealers who may have unsuitably recommended high risk private placements to investors.  

Broker dealers are required to perform adequate due diligence on all investment recommendations to ensure that each investment 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 liable for investment losses. 

To determine whether you may be able to recover investment losses in Black Pine Minerals LLC, please contact The White Law Group at 1-888-637-5510 for a free consultation. 

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 Seattle, Washington. The firm works on a contingency fee basis and may be able to represent you in a complaint against your brokerage firm. 

For more information on the firm, visit www.WhiteSecuritiesLaw.com.