Written by 9:09 pm Blog, Current Investigations

Investor Alert: Gulf South Energy Partners LP

Gulf South Energy Partners

Recovery of Investment Losses in Gulf South Energy Partners LP

Have you suffered investment losses in Gulf South Energy Partners LP? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Dispute Resolution claim against the brokerage firm that sold you the investment.

Gulf South Holding, Inc. engages in oil and gas exploration and production. The company was incorporated in 2008 and is based in New Orleans, Louisiana. Gulf South Energy currently focuses primarily on Salt Dome projects. Located in the Gulf Basin of south Texas are geologic structures, which over many millions of years have created favorable circumstances for the production of oil and natural gas. Salt domes are common geologic features within the Gulf Coast along the upper Texas Coast.

The Trouble with Private Placements

The trouble with alternative investment products, like Gulf South Energy Partners LP, is that they involve a high degree of risk and are typically sold as unregistered securities which lack the same regulatory oversight as more traditional investment products like stocks or bonds.

The White Law Group is investigating the liability that brokerage firms may have for improperly selling private placements like Gulf Coast Energy Partners, LP.

Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.

However, another problem with Reg D private placements is that the high sales commissions and due diligence fees the brokers earn for selling such products sometimes can provide brokers with an enormous incentive to push the product to unsuspecting investors who do not fully understand the risks of these types of investments or to outright misrepresent the basic features of the products – usually focusing on the income potential and tax benefits while downplaying the risks.

Fortunately, FINRA does provide for an arbitration forum for investors to resolve such disputes and if a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim.

You may be able to recover investment losses incurred as a result of your purchase of Gulf South Energy Partners, LP. 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. The firm represents investors throughout the country in claims against their brokerage firm.

For more information on the firm and its representation of investors, visit www.WhiteSecuritiesLaw.com.

 

 

Tags: , , , , , , , , , , , , , , , , , , , Last modified: May 10, 2017