Minerva-Rockdale E&P IV LLC Recovery of Investment Losses
Have you suffered investment losses in Minerva-Rockdale E&P IV? 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.
FieldPoint Petroleum Corporation announced in December that it has executed a letter of intent to purchase producing assets from Minerva-Rockdale E&P LLC funds I through IV. The assets include current production as well as behind pipe reserves and proved undeveloped opportunities. FieldPoint has an exclusive 60 day right to conduct due diligence and negotiate a definitive agreement to purchase the assets from the Minerva-Rockdale E&P LLC entities. No word yet on whether definitive agreements have been reached.
Minerva-Rockdale E&P LLC entities raised money for investments through Reg D private placement offerings like the company did for Minerva-Rockdale E&P IV. These Reg D private placements are then typically sold by brokerage firms in exchange for a large up front commission, usually between 7-10%.
The White Law Group is currently investigating the liability that brokerage firms may have for unsuitably recommending the following investments:
Minerva-Rockdale E&P LLC
Minerva-Rockdale E&P II LLC
Minerva-Rockdale E&P III LLC
Minerva-Rockdale E&P IV LLC
The trouble with alternative investment products, like Minerva-Rockdale E&P IV, 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 and bonds. An additional risk inherent to Minerva-Rockdale E&P IV offerings is also the general risk that comes with the energy market – a market that has seen enormous losses over the last few years.
Broker dealers that sell alternative investments are required to perform adequate due diligence on all investment recommendations to ensure that each investment 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 commission brokers earn for selling such products sometimes can provide some brokers with enough incentive to push the product to unsuspecting investors who do not fully understand the risks of these types of investments.
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 liable for investment losses in a FINRA arbitration claim.
Free Consultation
To determine whether you may be able to recover investment losses incurred as a result of your purchase of Minerva-Rockdale E&P IV or another private placement investment, 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, visit www.WhiteSecuritiesLaw.com.
» Minerva-Rockdale E&P IV attorney, Minerva-Rockdale E&P IV class action, Minerva-Rockdale E&P IV commissions, Minerva-Rockdale E&P IV default, Minerva-Rockdale E&P IV distributions, Minerva-Rockdale E&P IV full cycle, Minerva-Rockdale E&P IV illiquid, Minerva-Rockdale E&P IV investigation, Minerva-Rockdale E&P IV K1, Minerva-Rockdale E&P IV lawsuit, Minerva-Rockdale E&P IV lawyer, Minerva-Rockdale E&P IV litigation options, Minerva-Rockdale E&P IV secondary market, Minerva-Rockdale E&P IV value, Vero Beach Securities attorney, Vero Beach Securities lawyer, Chicago Securities lawyer, Chicago securities attorney, Vero Beach fraud attorney, Vero beach fraud lawyer, investment fraud attorney Vero Beach, investment fraud attorney Chicago, Minerva-Rockdale E&P III losses, Minerva-Rockdale E&P III lawsuit, Minerva-Rockdale E&P III investigation, Minerva-Rockdale E&P III class action, Minerva-Rockdale E&P III complaints, Minerva-Rockdale E&P II losses, Minerva-Rockdale E&P I lawsuit, Minerva-Rockdale E&P II investigation
Tags: Chicago securities attorney, Chicago securities lawyer, investment fraud attorney Chicago, Minerva-Rockdale E&P I lawsuit, Minerva-Rockdale E&P II investigation, Minerva-Rockdale E&P II losses, Minerva-Rockdale E&P III class action, Minerva-Rockdale E&P III complaints, Minerva-Rockdale E&P III investigation, Minerva-Rockdale E&P III lawsuit, Minerva-Rockdale E&P III losses, Minerva-Rockdale E&P IV attorney, Minerva-Rockdale E&P IV class action, Minerva-Rockdale E&P IV commissions, Minerva-Rockdale E&P IV default, Minerva-Rockdale E&P IV distributions, Minerva-Rockdale E&P IV full cycle, Minerva-Rockdale E&P IV illiquid, Minerva-Rockdale E&P IV investigation, Minerva-Rockdale E&P IV K1, Minerva-Rockdale E&P IV lawsuit, Minerva-Rockdale E&P IV lawyer, Minerva-Rockdale E&P IV litigation options, Minerva-Rockdale E&P IV secondary market, Minerva-Rockdale E&P IV value, Vero Beach securities attorney, Vero Beach securities lawyer Last modified: April 7, 2017