Concerned about your investment in Clearview Energy III LP?
The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling high-risk energy investments, like Clearview Energy III LP, to their clients.
King Operating Corporation is a privately held Texas oil and gas company based in Dallas, Texas, according to its website. The company claims it has “revolutionized oil and gas investing by creating a unique business model for the types of investments we offer our clients.”
According to SEC filings, the company filed a form D to raise capital from 78 investors in 2013 for the offering Clearview Energy III LP. The offering type was equity and the total offering amount sold was purportedly $6,188,826.
Energy investments such as Clearview Energy III LP typically involve a high degree of risk. The energy market has seen enormous losses over the last few years due to the declining cost of oil and other energy commodities.?These investments?may?seem?wise?at first, until the dramatic drop in?distributions.
Investigating Potential Securities Claims
Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.
Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration.
If you are concerned about your investment in Clearview Energy III LP, The White Law Group may be able to help. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group and its representation of investors in FINRA arbitration claims, please visit https://www.whitesecuritieslaw.com.
Tags: Clearview Energy III LP class action, Clearview Energy III LP complaints, Clearview Energy III LP investigation, Clearview Energy III LP investment losses, Clearview Energy III LP lawsuit, King Operating Corp. lawsuit, King Operating Corporation Losses, securities fraud attorneys Last modified: September 16, 2020