Oil

Oil & Gas Investment Scams With the drop in oil prices in 2014 and 2015, thousands of investors are realizing they have been taken advantage of in investments related to oil and gas. There are two types of investment losses in oil and gas securities that are potentially recoverable through the FIRNA arbitration process or via lawsuit.

Unsuitable Investment Recommendations In Oil and Gas Stocks, Bonds, Master Limited Partnerships and Mutual Funds: Negligence based unsuitable investment recommendations in oil, gas and energy related companies make up a majority of the cases we’ve handled for investors. For example, brokers at full service brokerage firms recommended oil and gas stocks, master limited partnerships and other related investments heavily to investors between 2010 and 2014. With the massive slide in oil prices in 2014 and 2015 caused by the jump in domestic oil stockpiles due to new, highly efficient drilling techniques like horizontal drilling and hydraulic fracking techniques, companies affiliated with the oil industries have lost substantial value resulting in devastating investment losses for many investors. Unfortunately, many small oil and gas producers have lost a majority of their value in 2014 and 2015. These companies have heavy debt loads that simply couldn’t be maintained with the oil price slide. For more info Oil and Gas Stocks