Waveland Capital Drilling Programs: Lawsuit Investigation

Waveland Capital – Waveland Energy Partners Drilling Programs – Investment Loss Recovery

Have you suffered losses in a Waveland Capital drilling program or other oil and gas private placement offering? If so, the securities attorneys at The White Law Group may be able to help you recover your investment losses through a FINRA arbitration claim against the brokerage firm that recommended the investment.

About Waveland Capital Group

Waveland Capital Group LLC is an Irvine, California-based merchant bank that specializes in private placement investments in the oil and gas industry, often structured as limited partnerships (LPs). The firm has raised capital through various drilling programs under names such as Waveland Energy Partners and Waveland Resource Partners.

These investments are often marketed to high-net-worth individuals as income-producing alternatives to traditional stock and bond portfolios. However, many of these offerings are high-risk and illiquid, and are not appropriate for most retail investors.

Risks of Oil and Gas Limited Partnerships

Oil and gas partnerships, such as those offered by Waveland, can be extremely risky. These investments are:

• Illiquid, with no public market for resale
• Lightly regulated, as they are typically exempt from SEC registration
• Subject to high fees and commissions, often as much as 10% or more of the offering amount
• Exposed to commodity price volatility and operational risks
• Commonly underperforming, particularly when oil prices decline

These types of partnerships may lack transparency and can result in substantial losses—especially when sold in large concentrations or to investors who cannot afford the risk.

Example: Waveland Resource Partners V, L.P.

On January 2, 2020, Waveland Resource Partners V, L.P. filed a Form D with the SEC, indicating its intent to raise $50 million in equity capital. The offering was described as a pooled investment fund under the Regulation D exemption.

The fund listed high sales commissions and expenses, common in oil and gas partnerships. Like similar offerings, it was sold to accredited investors and carried a high risk of loss.

Brokerage Firm Liability in Waveland Sales

The White Law Group is investigating the liability of brokerage firms and financial advisors that sold Waveland offerings to investors. Our attorneys allege that in many cases:

• The investments were unsuitable for the investor’s profile
• The risks were not fully disclosed
• The brokerage firms failed in their duty to conduct adequate due diligence, as required by FINRA Rule 2111 (suitability) and Rule 3110 (supervision)

If a financial advisor recommends a high-risk product that is inappropriate for the client’s objectives, or if they misrepresent or omit material facts, they may be held liable for investment losses.

Frequently Asked Questions (FAQ)

Is Waveland Energy Partners a publicly traded investment?

No. Waveland Energy Partners offerings are typically private placements exempt from SEC registration. These investments are not traded on public exchanges and are generally considered illiquid and high-risk.

Why are oil and gas limited partnerships risky?

They are risky because they involve high fees, market volatility, operational uncertainty, and are not subject to regular SEC oversight. Investors can lose some or all of their investment.

Can I sell my Waveland investment?

Most likely not. These investments are generally illiquid, meaning they cannot be easily sold or redeemed. Some investors turn to secondary market platforms, but often at significant discounts.

What is FINRA arbitration?

FINRA arbitration is a legal process for resolving disputes between investors and brokerage firms. It is often the required forum for pursuing claims of broker misconduct or negligence involving investment losses.

How can The White Law Group help me?

We represent investors in FINRA arbitration claims nationwide, including those involving Waveland Energy Partners and other high-risk private placements. We may be able to help you recover your losses if the investment was unsuitable or misrepresented.

Free Case Review – Waveland Investment Losses

If you invested in a Waveland Energy Partners program and have concerns about how the investment was presented or whether it was appropriate for you, call The White Law Group at (888) 637-5510 for a free consultation.

The White Law Group is a national securities fraud, investor protection, and FINRA arbitration law firm with offices in Chicago, IL and Seattle, WA. We have recovered millions of dollars for investors nationwide in claims involving unsuitable and misrepresented private placements.

For more information, visit: www.whitesecuritieslaw.com