Written by 7:20 pm Current Investigations

Bradford Drilling Investigation

Bradford Drilling

Investigation of Bradford Drilling Associates

The White Law Group continues to investigate potential FINRA arbitration claims involving Bradford Drilling Associates investments.

Bradford, an oil and natural gas drilling company since 1994, is located in Buffalo, New York.  According to filings with the Securities and Exchange Commission (SEC), Bradford Drilling Associates have offered numerous private placements to raise funds.

Many oil and gas LPs have high expense ratios, and due to the decline in the overall health of the oil and gas market, are suffering. Some are on the brink of default, or worse yet, bankruptcy.  Such an outcome is extreme, but not unforeseen. It only highlights the unsuitability of these investments for most retail investors – particularly in large concentrations.

Private placements are exempt from the typical registration requirements of the federal Securities Act of 1933.  Brokers that sell private placements have a fiduciary duty to investors and should only recommend private placements to accredited investors or those who meet suitability standards.  However, because of the high commissions earned, many brokers push the sale of private placements on investors that do not have the requisite experience to understand the investments.

If you suffered significant losses as a result of your investment in a Bradford Drilling Associates private placement and were misinformed about the risks, you may have a valid securities arbitration claim against the broker-dealer.

The White Law Groups is looking into the following Bradford private placements:

Bradford Drilling Associates XIX LP

Bradford Drilling Associates XV LP

Bradford Drilling Associates XVI LP

Bradford Drilling Associates XVII LP

Bradford Drilling Associates XVIII LP

Bradford Drilling Associates XX LP

Bradford Drilling Associates XXI LP

Bradford Drilling Associates XXII LP

Bradford Drilling Associates XXIV LP

Bradford Drilling Associates XXIX LP

Bradford Drilling Associates XXV LP

Bradford Drilling Associates XXVII LP

Bradford Drilling Associates XXVIII LP

Bradford Drilling Associates XXX LP

Bradford Drilling Associates XXXI LP

Bradford Drilling Associates XXXII LP

Bradford Drilling Associates XXXIII LP

Bradford Drilling Associates XXXIV LP

How to recover investment losses

To determine whether you may be able to recover your investment losses through a FINRA arbitration claim, please contact the attorneys of The White Law group at (888)637-5510 for a free consultation.

The White Law Group, LLC is a national securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, please visit https://whitesecuritieslaw.com.

 

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