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Hallador Petroleum Co. – Securities Investigation

Hallador Petroleum Co. – Securities Investigation, featured by top securities fraud attorneys, The White Law Group

Hallador Petroleum Co. – Investors may have claims.

Are you concerned about your investment in Hallador Petroleum Co.? 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.

Hallador Energy Company reportedly processes, mines and sells coal to producers of electric power. The Company also owns interests in an oil and gas company with operations in Michigan, according to Bloomberg.

The company filed a Form D to raise capital from investors with the offering Hallador Petroleum Co.

Unfortunately for investors, with stricter regulation on coal imports in China and carbon emissions, investing in coal is becoming a much riskier venture.

According to Bloomberg NEF’s New Energy Outlook 2018, coal plant economics are shifting, and many major markets such as the U.S., China, Germany and India are turning to solar and wind energy plants.

Further, alternative investment products, such as Hallador Petroleum Co., involve a high degree of risk. They are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.

An additional risk inherent to these offerings is also the general risk that comes with the energy market. 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

The White Law Group is investigating the liability that FINRA registered brokerage firms may have for improperly selling high-risk energy investments, like Hallador Petroleum Co., to their clients.

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 concerned about your investment in Hallador Petroleum Co., 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 http://whitesecuritieslaw.com.

 

 

Tags: , , , , , Last modified: November 5, 2019