Investigating Claims involving Energy Resources 12 LP

Are you concerned about your investment in Energy Resources 12 LP? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

David Lerner Associates‘ Energy Resources 12 LP, a was reportedly formed to enable investors to invest in oil and gas properties located onshore in the United States. The fund claims its primary objectives are to acquire producing and non-producing oil and gas properties with development potential, and to enhance the value of those properties through drilling and other development activities.

The fund reportedly planned to after five to seven years to engage in a “liquidity transaction” in which they would sell properties and distribute the net sales proceeds to investors, merge with another entity or list common units on a national securities exchange, according to the prospectus.

The problem with oil andgas investments such as Energy Resources 12 LP is that they typically involve a high degree of risk especially since the energy market has seen huge losses in the last few years. They are also illiquid, which may lead to investment losses.

Secondary Sales Price

According to Central Tade and Transfer, shares of Energy Resources 12 LP are currently listed for sale for just $5 per share. The original offering price was reportedly $10 per share which may indicate investment losses for shareholders.

Recovery of Investment Losses

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for unsuitably recommending high-risk oil and gas investments to investors.

Brokerage firms are required to perform due diligence on any offering they recommend and to ensure that all recommendations made are suitable in light of the client’s age, investment experience, net worth, income, and investment objectives.

If a firm fails to perform due diligence or makes an unsuitable recommendation, the broker-dealer can be held responsible for any losses in a FINRA arbitration claim.

FINRA can help resolve problems and disputes through two non-judicial proceedings: arbitration and mediation. FINRA’s Dispute Resolution forum handles nearly all of the securities-related arbitrations and mediations in the United States.

Free Consultation

If you have concerns regarding your investment in Energy Resources 12 LP and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.

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.