Rising Phoenix Opportunity Fund IV, LLC Investigation
If you invested in Rising Phoenix Opportunity Fund IV, LLC and are now concerned about your investment, you may have legal options. The White Law Group continues to investigate potential FINRA arbitration claims on behalf of investors involving high-risk oil and gas private placements such as this offering.
About Rising Phoenix Opportunity Fund IV, LLC
According to a Form D filing with the SEC, Rising Phoenix Opportunity Fund IV, LLC was formed in 2021 and is organized in Texas. The fund appears to be managed by Rising Phoenix Capital Ventures, LLC.
Offering Details
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Industry: Oil & Gas
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Exemption Claimed: Regulation D, Rule 506(b)
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Total Offering Amount: $5,150,000
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Total Sold: $5,150,000
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Minimum Investment: $25,000
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Investors Reported: 20
Understanding Oil & Gas Private Placements
Oil and gas private placements are often marketed as opportunities for high income, tax advantages, and exposure to energy markets. However, these offerings can be speculative, illiquid, and risky, making them unsuitable for many retail investors.
Risks of Oil & Gas Investments
1. Illiquidity
Investors typically cannot sell their interests on a secondary market. Funds may be tied up for years.
2. High Risk of Loss
Exploration and drilling programs involve significant operational and commodity-price risks. Many fail to produce sustainable returns.
3. Conflicts of Interest
Managers often charge high fees and may receive compensation regardless of the program’s performance.
4. Lack of Transparency
Private placements are not subject to the same reporting requirements as publicly traded companies, making it difficult for investors to assess financial health.
5. Limited Regulatory Oversight
Because these offerings fall under Regulation D, they are not reviewed by the SEC for accuracy or completeness.
Did Your Financial Advisor Recommend Rising Phoenix Opportunity Fund IV?
Even when private placements meet Regulation D requirements, financial advisors and broker-dealers still have obligations under FINRA rules.
Advisors must:
Conduct Reasonable Due Diligence
Firms are required to thoroughly vet the investment—its management, business model, risks, and offering materials—before recommending it.
Ensure Suitability
Recommendations must align with an investor’s:
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Age
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Financial situation
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Investment experience
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Risk tolerance
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Liquidity needs
Disclose All Material Risks
This includes the potential for total loss of capital.
If a broker sold this investment without properly disclosing risks or performing adequate due diligence, the investor may have a valid FINRA arbitration claim for recovery.
FINRA Arbitration vs. Class Actions
FINRA Arbitration
Most brokerage account agreements require disputes to be resolved through FINRA arbitration. Benefits include:
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Faster resolution
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Lower costs than court litigation
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Ability to pursue claims specific to your financial situation
Class Actions
These lawsuits seek recovery for a broad group of investors. However:
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Payouts are often smaller
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You have limited control over the case
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Many private placements are not suitable for class action claims
In most investment fraud cases, FINRA arbitration offers the best chance of individual recovery.
Recovery Options for Investors
If you invested in Rising Phoenix Opportunity Fund IV, LLC at the recommendation of a financial advisor, you may be able to recover losses through a claim against the brokerage firm.
The White Law Group has recovered millions of dollars for investors in oil and gas and other high-risk private placements. Our investigations focus on whether the broker-dealer failed in its:
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Duty to supervise its representatives
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Duty to conduct reasonable due diligence
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Duty to recommend only suitable investments
Free Consultation
If you have concerns about your investment in Rising Phoenix Opportunity Fund IV, LLC, contact The White Law Group at (888) 637-5510 for a free consultation.
You may also visit our website for more information on FINRA arbitration and investor recovery options.
Frequently Asked Questions
1. What type of investment is Rising Phoenix Opportunity Fund IV?
It appears to be a Regulation D oil and gas private placement, offering equity interests to accredited investors.
2. Why are oil and gas private placements risky?
They are speculative, illiquid investments with high failure rates and limited transparency. Many are unsuitable for conservative or income-focused investors.
3. Can I recover losses if my advisor recommended this investment?
Possibly. If your broker failed to conduct due diligence or recommended an unsuitable investment, you may be able to recover losses through FINRA arbitration.
Last modified: December 10, 2025
