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Noble Royalty Access Fund III, IV And V - Noble Royalties

Many investors have sustained losses investing in Noble Royalties ("Noble") and their related investment products. Such products include, but are not limited to the: Royalty Access Fund III, IV and V.

Noble offers Oil and Gas Private Placements through many Brokerage Firms. Private Placements in general contain substantial risks, especially those involving oil and gas.

Under FINRA rules and regulations, Broker-Dealers have a responsibility to not only disclose all the risks associated with investing in risky Private Placements, but also to make sure the investor meets stringent financial requirements and understands all risks involved. Broker-Dealers may be held liable for investor losses if they failed to adequately explain the aforementioned risks.

According to The Securities Law Firm of Menzer & Hill, P.A., more and more Broker-Dealers are turning to Private Placements because they tend to be the most profitable investment products the Firms offer. In many situations, Brokers are selling the Private Placements as alternatives to the risks involved with the stock market, when in actuality, most Private Placements are much riskier.