Have you suffered investment losses in K&M Oil Company? If so, The White Law Group may be able to help by filing a claim to recover losses through FINRA arbitration.
According to SEC filings, K&M Oil is a limited liability company incorporated it 2009. In 2012, K&M Oil filed a notice of exempt offering of securities, better known as a private placement offering.
Oil and gas private placements are speculative and inherently high risk investments. Typically these types of investments lack liquidity, and are better suited for sophisticated and institutional investors. In addition, oil and gas private placements are exempt from registration with the Securities and Exchange Commission, and therefore they lack the same regulatory oversight as more traditional investments.
Brokerage firms that sell oil and gas private placements, like K&M Oil, have a fiduciary duty to perform adequate due diligence to determine if the investment has a reasonable likelihood of success. Unfortunately, some brokers may have recommended K&M Oil to investors even though the investment was unsuitable for their clients. When brokers make inappropriate investment recommendations, both the broker and the firm, may be liable for investment losses.
If you have concerns regarding your investment in K&M Oil and would like to speak with a securities attorney about your litigation options, please call The White Law Group at 312-238-9650 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 Vero Beach, Florida.
For more information on The White Law Group, please visit our website at www.WhiteSecuritiesLaw.com.
