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Investor Alert: Badlands Energy (Gasco Energy) Investment Losses

Badlands Energy (Gasco Energy)

Investigating Potential Claims Involving Badlands Energy (Gasco Energy)

Have you suffered losses investing in Badlands Energy (Gasco Energy)? If so, the securities attorneys at The White Law Group may be able to help you recover your losses through FINRA Arbitration.

Badlands Energy is an exploration and production company that operates in Utah and California. The company emerged from the restructuring of Gasco Energy in 2013. Gasco had been traded publicly, but was delisted from the New York Stock Exchange, recapitalized and taken private that year.

The company filed a Form D to raise $65,000,000 in capital in 2010.

The Trouble with Reg D Private Placements

Reg D private placements are a means for companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC. These investments are often riskier and more complicated than traditional investments, and are only suitable for high net worth, sophisticated investors.

Despite the risks of investing in private placements, brokerage firms continue to push this type of investment because of the high commissions associated with their sale and creation.

The White Law Group is investigating the liability that brokerage firms may have for recommending the Badlands Energy (Gasco Energy) to their clients.

Broker dealers are required to perform adequate due diligence on all investment recommendations they make. They must 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 through FINRA arbitration.

Free Consultation

To determine whether you may be able to recover investment losses incurred as a result of your purchase of Badlands Energy (Gasco Energy), 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 Franklin, Tennessee. For more information on the firm, visit www.WhiteSecuritiesLaw.com.

 

 

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