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Written by 1:04 pm Current Investigations

Waveland NeoMatrix Investment Losses

GWG Holdings Lawsuit, Featured by Top Securities Fraud Attorneys, The White Law Group

Concerned about investment losses in Waveland NeoMatrix?

Have you suffered losses in Waveland NeoMatrix? If so, The White Law Group may be able to help you recover  your losses through a FINRA dispute resolution claim against the brokerage firm that recommended the investment.

According to their website, Waveland Capital Group is a merchant bank with core investment focus in the oil and gas industry predominantly by way of limited partnerships. Waveland was founded in 2000 and is headquartered in Irvine, CA.

Many oil and gas LPs have high expense ratios, and due to the decline in the overall health of the oil and gas market, are suffering. Some are on the brink of default, or worse yet, bankruptcy.  Such an outcome is extreme, but not unforeseen. It only highlights the unsuitability of these investments for most retail investors – particularly in large concentrations.

The White Law Group is investigating the liability that brokerage firms have for recommending high-risk alternative investment programs such as Waveland NeoMatrix. The firm has handled a number of claims involving Waveland Capital Group. In those claims, the firm has alleged, among other things, that the Waveland investments were

(1) high-risk and unsuitable for our clients given their financial situation, needs and investment objectives,
(2) that the risks of the investment were not fully disclosed to them, and
(3) that the brokerage firms that sold the investments failed to conduct the proper due diligence with respect to the Waveland investments (as the firms are required to do by FINRA Rules).

The Problem with Private Placements

The problem with private placements like those offered by Waveland are they are exempt from registration with the Securities and Exchange Commission (SEC) and lack the same regulatory oversight as other investment products. These types of limited partnerships are also high-risk, speculative ventures that often lack liquidity. In addition, limited partnerships offer extremely high commission fees that are often 3-4x higher than more traditional investments, like mutual funds or bonds.

Specifically, The White Law Group is investigating potential claims involving the following Waveland offerings:

Recovery of Investment Losses

If you suffered losses investing in Waveland NeoMatrix or another Waveland Capital Group offering and would like to discuss your litigation options, please call The White Law Group at 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. The firm represents investors in FINRA arbitration claims throughout the country. Visit our homepage to learn more about the firm.




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