Waveland Resource Partners V (WRP V) Investor Lawsuits – Securities Fraud Investigation
The White Law Group is investigating potential securities claims involving Waveland Resource Partners V LP. Have you suffered investment losses in Waveland Resource Partners V, LP (WRP V LP) or another Waveland Energy Partners drilling program? If so, the securities attorneys at The White Law Group may be able to help you recover your losses through a FINRA arbitration claim.
Overview of Waveland Energy Partners
According to its website, Waveland Energy Partners LLC sponsors and manages oil and gas drilling programs. The company has been active in the San Juan Basin in New Mexico since 2016, and the Williston Basin in North Dakota since 2018, among other regions.
Waveland raises capital through private placement offerings such as limited partnerships, including Waveland Resource Partners III, IV, and V. These investments are typically sold to accredited investors through broker-dealers nationwide.
Risks of Oil and Gas Limited Partnerships
Investments in oil and gas limited partnerships (LPs) carry substantial risks. These programs are often:
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Illiquid – There is no public market to sell your shares.
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Lightly regulated – Most are exempt from SEC registration, reducing transparency.
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Fee-heavy – Investors may pay commissions 3–4 times higher than mutual funds or traditional securities.
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Highly speculative – Success depends on oil prices, drilling outcomes, and operator performance.
If energy prices fall or operations underperform, the partnership could default or file for bankruptcy. Unfortunately, many retail investors are not made fully aware of these risks before investing.
Investor Lawsuits and Broker Liability
The White Law Group is currently investigating broker-dealer liability in the sale of Waveland Resource Partners and similar energy investments.
Our firm has represented dozens of investors who were sold Waveland offerings by financial advisors who may have:
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Misrepresented the risk level of the investments,
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Failed to perform adequate due diligence on the products,
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Recommended unsuitable investments based on the client’s risk tolerance, net worth, and investment goals.
Under FINRA Rule 2111 (Suitability) and Rule 3110 (Supervision), brokerage firms have a duty to ensure that investment recommendations are appropriate and that sales practices are compliant with industry standards.
Waveland Resource Partners V, LP
Waveland Resource Partners V, LP is one of several high-risk drilling programs launched by Waveland to fund oil and gas exploration. Like earlier offerings, this fund likely involved:
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Significant upfront fees,
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Complex tax structures,
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Limited secondary market options, and
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High sensitivity to oil price fluctuations.
If your financial advisor did not adequately explain these risks, or if your investment was unsuitable for your profile, you may have grounds for a FINRA arbitration claim.
Recovery of Waveland Investment Losses
The White Law Group is currently investigating the following Waveland offerings:
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Waveland Resource Partners VII, LP (WRP LP VII)
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Waveland Resource Partners IV, LP (WRP LP IV)
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Waveland Resource Partners V, LP (WRP LP V)
If you invested in any of these offerings and have experienced losses, you may be eligible to recover damages through FINRA arbitration.
Free Consultation with a Securities Attorney
To speak with a securities fraud attorney about a possible Waveland Resource Partners V (WRP V LP) lawsuit, please contact The White Law Group at (888) 637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington. We represent investors in FINRA arbitration claims nationwide against broker-dealers for fraud, misrepresentation, and unsuitable investment recommendations.
Visit our homepage to learn more:
www.whitesecuritieslaw.com
