APX Energy, APX Drilling Partners Investment Losses

Securities Investigation involving APX Energy/APX Drilling Partners

Have you suffered investment losses in APX Energy, LLC? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.

APX Energy is the managing general partner for several drilling partnerships. According to their website, APX Energy is an independent oil and gas exploration company that targets ready to drill projects in undeveloped areas primarily on the Illinois Basin and other areas in the southern U.S.

The company often raises money for investments through Reg D private placement offerings like the company did for APX Drilling Partners 2014-A LP.  These Reg D private placements are then typically sold by brokerage firms in exchange for a large up front commission, usually between 7-10%, as well as additional “due diligence fees” that can range from 1-3%.

The trouble with alternative investment products, like APX Energy, is that they involve a much greater degree of risk compared to traditional investments, such as stocks, bonds or mutual funds. Interest in limited liability companies (LLC) are typically sold as unregistered securities and lack the same regulatory oversight as more traditional investment products.

Unfortunately, some brokers may have downplayed the risks associated with alternative investments and misled investors into thinking that they are “safe” investment products. The high sales commission brokers earn for selling such products may provide some brokers with enough incentive to push the product to unsuspecting investors.

Broker dealers that sell alternative investments 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 makes an unsuitable investment recommendations or fails to adequately disclose the risks associated with an investment they may be liable for investment losses.

Specifically, The White Law Group is investigating the following offerings:

APX Drilling Partners 2012-A LP
 APX Drilling Partners 2012-B LP
APX Drilling Partners 2011 LP
 APX Drilling Partners 2013-B LP
 APX Drilling Partners 2014-B
 APX Drilling Partners 2014-B
 APX Drilling Partners 2012-A LP
 APX Drilling Partners 2013-B LP
APX Drilling Partners 2014-A LP

To determine whether you may be able to recover investment losses incurred as a result of your purchase of APX Drilling Partners or another APX Energy investment, please contact The White Law Group at 1-800-637-5510 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 Franklin, Tennessee. For more information on the firm, visit www.WhiteSecuritiesLaw.com.