Investigating Potential Claims in EnerVest Energy
Have you suffered losses investing in EnerVest Energy offerings? If so, the securities attorneys at The White Law Group may be able to help you recover your losses through FINRA Arbitration.
According to various reports, EnerVest’s $2 billion energy fund that borrowed heavily to buy up oil and gas wells when crude prices were high has basically gone bust. Reportedly, major pensions and other investors could be left with just pennies on the dollar at best.
The loss is unusual for a private equity firm of EnerVest’s size and raises concerns that similar funds offered by competitors could fail.
The size of the loss is highly unusual for a private equity firm of EnerVest’s size. Just a handful of private equity outfits worth at least $1 billion have lost money for investors, and even then, losses of 25 percent or more are virtually unprecedented, according to the Wall Street Journal, citing analysis by investment firm Cambridge Associates and public pension records.
Recovery of Investment Losses
The White Law Group is investigating whether some brokerage firms may have improperly recommended high risk energy investments like EnerVest Energy to clients, including the following offerings:
EnerVest Energy Foreign Holdings XIV-C, Inc.
EnerVest Energy Institutional Co-Investment Fund XII-1C, L.P.
EnerVest Energy Institutional Co-Investment XII-1A, L.P.
EnerVest Energy Institutional Co-Investment XII-2A, L.P.
EnerVest Energy Institutional Fund X-A L P
EnerVest Energy Institutional Fund X-B L P
EnerVest Energy Institutional Fund XI A LP
EnerVest Energy Institutional Fund XI B LP
EnerVest Energy Institutional Fund XII-A, L.P.
EnerVest Energy Institutional Fund XII-B, L.P.
EnerVest Energy Institutional Fund XII-C, L.P.
EnerVest Energy Institutional Fund XIII-A, L.P.
EnerVest Energy Institutional Fund XIII-B, L.P.
EnerVest Energy Institutional Fund XIII-C, L.P.
EnerVest Energy Institutional Fund XIV-1A, L.P.
EnerVest Energy Institutional Fund XIV-2A, L.P.
EnerVest Energy Institutional Fund XIV-3A, L.P.
EnerVest Energy Institutional Fund XIV-A, L.P.
EnerVest Energy Institutional Fund XIV-C, L.P.
Unfortunately, many investors were not made adequately aware of the risks associated with energy investments like EnerVest Energy.
Before recommending an investment, your broker has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the necessary due diligence to determine whether the investment is suitable for the investor.
To the extent that some brokerage firm failed to perform adequate due diligence or make unsuitable investment recommendations, the firm may be held liable for any resulting losses in a FINRA arbitration claim.
To determine whether you may be able to recover investment losses incurred in EnerVest 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, visitwww.WhiteSecuritiesLaw.com.Tags: Chicago securities attorney, Chicago securities lawyer, EnerVest Energy attorney, EnerVest Energy bankruptcy, EnerVest Energy class action, EnerVest Energy complaint, EnerVest Energy distributions, EnerVest Energy information, EnerVest Energy investigation, EnerVest Energy lawsuit, ENERVEST ENERGY litigation, EnerVest Energy losses, ENERVEST ENERGY performance, ENERVEST ENERGY update, LRR Energy LP class action, LRR Energy LP complaints, LRR Energy LP investigation, LRR Energy LP lawsuit, LRR Energy LP losses, LRR Energy LP recovery options, Vero Beach securities attorney, Vero Beach securities lawyer Last modified: August 7, 2017