Texas Oil Partners LLC, Securities Investigation

Concerned about your investment in Texas Oil Partners?

Are you concerned about your investment in a Texas Oil Partners LLC offering? If so,  the securities attorneys at 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.

Texas Oil Partners, founded in May 2015, is reportedly focused on “cost-effective vertical drilling utilizing 3 dimensional seismic and the latest in fracking technology,” according to its website.

The company has raised capital from investors through Reg D private placement offerings such as Texas Oil Partners LLC Green #1, L.P.  These Reg D private placements are typically sold by brokerage firms in exchange for a large up front commission, usually between 7-10%.

The trouble with alternative investment products 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 Texas Oil Partners offerings is also the general risk that comes with the energy market – a market that has seen enormous losses due to the market crisis amid the Covid-19 global pandemic.

Broker dealers 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.

Reg D private placements is that the high sales commission brokers earn for selling such products.  Some brokers may push the product to unsuspecting investors who do not fully understand the risks of these types of products.

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.

The White Law Group is investigating securities claims involving broker dealers who may have unsuitably recommended Texas Oil Partners limited partnerships to investors. Specifically, The White Law Group is investigating the following offerings:

Texas Oil Partners LLC GCP, L.P.

Texas Oil Partners LLC Green #1, L.P.

Texas Oil Partners LLC Green #2, L.P.

Texas Oil Partners LLC Kingsville #1, L.P.

Texas Oil Partners LLC Newport #1, L.P.

Texas Oil Partners LLC Newport #2, L.P.

Texas Oil Partners LLC Newport #3, L.P.

Texas Oil Partners LLC Newport #4, L.P.

Texas Oil Partners LLC Newport #5, L.P.

To determine whether you may be able to recover investment losses incurred as a result of your purchase of Texas Oil Partners LLC Green #1, L.P. or another Texas Oil Partners 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.