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Adageo Energy Partners LP Securities Invesigation

Summary

The White Law Group is investigating potential claims against the broker dealers that sold high risk oil and gas investments like Adageo Energy Partners LP.

Adageo Energy is an independent oil and gas company that focuses on identification, acquisition, drilling, development and operation of oil and gas properties as well as the construction and operation of natural gas pipelines, according to their website.

Adageo offers several investment products to accredited investors through various broker-dealers. But oil and gas private placements, like many of the Adageo investment products, are often speculative ventures. Broker-dealers are required by the Financial Industry Regulatory Authority (FINRA) to sell private placements only to accredited investors that meet suitability standards.

The investors’ age, risk tolerance, net worth, and investment experience must be considered to determine whether a particular investment recommendation is suitable. Broker-dealers that overlook FINRA suitability requirements can be liable for investment losses through FINRA arbitration.

These investment products usually offer very high sales commissions to the brokers who sell them. Upon information and belief, the sales commission for Adageo Energy Partners LP is 10%.

According to SEC filings, the following firms offered Adageo investments to their clients: Jesup & Lamont Securities Corp., Sunset Financial Services Inc., Charter Pacific Securities, LLC, ePLANNING Securities Inc., Newbridge Securities Corporation, Arete Wealth Management LLC, WFP Securities Inc., Madison Avenue Securities Inc., Direct Capital Securities Inc., and Capital Guardian LLC.

The White Law Group is investigating potential claims against the broker dealers that sold high risk oil and gas investments like Adageo Energy Partners LP.

If you suffered significant losses and want to learn more about your legal options against the broker-dealer that sold you Adageo Energy Partners LP, please contact the securities attorney of The White Law Group at (888)637-5510 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, please visit http://www.whitesecuritieslaw.com.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.