Written by 6:39 pm Blog, Current Investigations

Carson Oil Field Development Fund II LP Securities Investigation 

Carson Oil Field Development Fund II LP Securities Investigation , featured by top securities fraud attorneys, the White Law Group

Investigating Potential Lawsuits involving Carson Oil Field Development Fund II LP  

Have you suffered losses investing in Carson Oil Field Development Fund II, LP? If so, the securities attorneys at The White Law Group may be able to help you. 

According to filings with the SEC, Carson Oil Field Development Fund II LP reportedly filed a Form D to raise capital from investors in 2019. The total offering amount was purportedly $24,000,000, according to the Reg D.  

Alternative investments such as these, are generally speculative, high-risk investments and due to these risks are often unsuitable for most investors. Despite?the risks of investing in alternative investments, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.  

Since they are not traded on any exchange, private placement offerings are typically illiquid investments. There are often legal or contractual restrictions on your ability to transfer your holdings, and even if sale of your holdings is permitted there may be no buyers. You may need to hold these securities for an indefinite period of time.  

Often companies that issue unlisted securities may provide little or no transparency into their ongoing operations and financial condition.  

While some private placement investments may make periodic distributions, others may not make any.   

Brokerage firms have a responsibility to adequately disclose all risks before selling any investment and must consider suitability factors such as age, financial needs, and risk tolerance to name a few. Firms that do not perform adequate due diligences on an investment or demonstrate a breach of fiduciary duty can be held accountable for losses incurred through FINRA arbitration. 

The White Law Group is investigating potential securities claims involving broker dealers who may have improperly recommended Carson Oil Field Development Fund II LP to investors. 

Recovery of Investment Losses

If you have suffered losses investing in Carson Oil Field Development Fund II LP, the securities attorneys at The White Law Group may be able to help you. Please call the offices at (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. 

For more information on The White Law Group, please visit our website at www.whitesecuritieslaw.com. 

 

 

Tags: , , , Last modified: June 7, 2023