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Posts tagged oil and gas UIT attorney

Recovery of MV Oil Trust Losses

Have you suffered losses investing in MV Oil Trust (NYSE: MVO )?  To the extent that you purchased the investment at the recommendation of a financial advisor, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim.

MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties comprise approximately 1,000 producing oil and gas wells, located in the Mid-Continent region in the states of Kansas and Colorado. The company was founded in 2006 and is based in Austin, Texas.

Oil and gas UITs, like MVO Oil Trust, are functionally similar to other types of unit investment trust, such as those that invest in real estate or equities. Each trust is divided into individual units that are then priced and sold to investors. These units represent a proportional interest in all of the oil and gas assets held by the trust, and each has a pre-determined maturity date on which all the assets held in the trust are sold, and the money that is realized from the sale is distributed to the unit holders.

Unlike REITs or stock unit trusts, oil and gas UITs are invested directly into production or exploration, and the income and expenses realized from the production are passed through the trust.

One risk of UIT investments is that the basket of assets held by the trust does not change so in volatile markets there is no manager that is also to change the underlying investments or minimize the losses.  With the falling price of oil, oil and gas UIT investments have been hammered, with many suffering losses in excess of 50%.

The White Law Group is investigating the liability that brokerage firms may have for recommending the MVO Oil Trust.  Brokerage firms have an obligation to perform adequate due diligence on any investments they recommend.  Additionally, brokerage firms are required to ensure that all recommendation made are suitable for the investor in light of the investors age, investment experience, investment objectives, net worth, and income.

If it can be determined that the brokerage firm failed to perform adequate due diligence or recommended an investment unsuitably, the firm can be held responsible for any resulting losses in a FINRA arbitration claim.

If you invested in MV Oil Trust and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

www.whitesecuritieslaw.com .

Recovery of Chesapeake Granite Wash Trust Losses

Have you suffered losses investing in Chesapeake Granite Wash Trust   (NYSE: CHKR )?  To the extent that you purchased the investment at the recommendation of a financial advisor, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim.

Chesapeake Granite Wash Trust owns royalty interests in oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The company has royalty interests in 69 horizontal producing wells and 118 horizontal development wells, and in approximately 28,700 net acres of area. As of December 31, 2013, its reserve estimates for the royalty interests included 12,640 thousand barrels of oil equivalent (boe) of proved developed reserves and 5,862 thousand boe of proved undeveloped reserves. The company was founded in 2011 and is based in Austin, Texas.

Oil and gas UITs, like Chesapeake Granite Wash Trust, are functionally similar to other types of unit investment trust, such as those that invest in real estate or equities. Each trust is divided into individual units that are then priced and sold to investors. These units represent a proportional interest in all of the oil and gas assets held by the trust, and each has a pre-determined maturity date on which all the assets held in the trust are sold, and the money that is realized from the sale is distributed to the unit holders.

Unlike REITs or stock unit trusts, oil and gas UITs are invested directly into production or exploration, and the income and expenses realized from the production are passed through the trust.

One risk of UIT investments is that the basket of assets held by the trust does not change so in volatile markets there is no manager that is also to change the underlying investments or minimize the losses.  With the falling price of oil, oil and gas UIT investments have been hammered, with many suffering losses in excess of 50%.

The White Law Group is investigating the liability that brokerage firms may have for recommending Chesapeake Granite Wash Trust.  Brokerage firms have an obligation to perform adequate due diligence on any investments they recommend.  Additionally, brokerage firms are required to ensure that all recommendation made are suitable for the investor in light of the investors age, investment experience, investment objectives, net worth, and income.

If it can be determined that the brokerage firm failed to perform adequate due diligence or recommended an investment unsuitably, the firm can be held responsible for any resulting losses in a FINRA arbitration claim.

If you invested in Chesapeake Granite Wash Trust   and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

www.whitesecuritieslaw.com .

Recovery of SandRidge Permian Trust Losses

Have you suffered losses investing in SandRidge Permian Trust  (NYSE:PER)?  To the extent that you purchased the investment at the recommendation of a financial advisor, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim.

SandRidge Permian Trust holds royalty interests in oil and natural gas properties in the Permian Basin located in Andrews County, Texas. It has proved developed reserves of approximately 1.1 million barrels of oil equivalent. The company was founded in 2011 and is based in Austin, Texas.

Oil and gas UITs, like SandRidge Permian Trust. are functionally similar to other types of unit investment trust, such as those that invest in real estate or equities. Each trust is divided into individual units that are then priced and sold to investors. These units represent a proportional interest in all of the oil and gas assets held by the trust, and each has a pre-determined maturity date on which all the assets held in the trust are sold, and the money that is realized from the sale is distributed to the unit holders.

Unlike REITs or stock unit trusts, oil and gas UITs are invested directly into production or exploration, and the income and expenses realized from the production are passed through the trust.

One risk of UIT investments is that the basket of assets held by the trust does not change so in volatile markets there is no manager that is also to change the underlying investments or minimize the losses.  With the falling price of oil, oil and gas UIT investments have been hammered, with many suffering losses in excess of 50%.

The White Law Group is investigating the liability that brokerage firms may have for recommending SandRidge Permian Trust.  Brokerage firms have an obligation to perform adequate due diligence on any investments they recommend.  Additionally, brokerage firms are required to ensure that all recommendation made are suitable for the investor in light of the investors age, investment experience, investment objectives, net worth, and income.

If it can be determined that the brokerage firm failed to perform adequate due diligence or recommended an investment unsuitably, the firm can be held responsible for any resulting losses in a FINRA arbitration claim.

If you invested in SandRidge Permian Trust  and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

www.whitesecuritieslaw.com .

Recovery of SandRidge Mississippian Trust II Losses

Have you suffered losses investing in SandRidge Mississippian Trust II (NYSE:SDR)?  To the extent that you purchased the investment at the recommendation of a financial advisor, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim.

Sandridge Mississippian Trust II operates in oil and natural gas sector. It acquires and holds royalty interests in oil and natural gas properties in the Mississippian formation in Alfalfa, Grant, Kay, Noble, and Woods counties in northern Oklahoma; and Barber, Comanche, Harper, and Sumner counties in southern Kansas. The company was founded in 2011 and is based in Austin, Texas.

Oil and gas UITs, like SandRidge Mississippian Trust II, are functionally similar to other types of unit investment trust, such as those that invest in real estate or equities. Each trust is divided into individual units that are then priced and sold to investors. These units represent a proportional interest in all of the oil and gas assets held by the trust, and each has a pre-determined maturity date on which all the assets held in the trust are sold, and the money that is realized from the sale is distributed to the unit holders.

Unlike REITs or stock unit trusts, oil and gas UITs are invested directly into production or exploration, and the income and expenses realized from the production are passed through the trust.

One risk of UIT investments is that the basket of assets held by the trust does not change so in volatile markets there is no manager that is also to change the underlying investments or minimize the losses.  With the falling price of oil, oil and gas UIT investments have been hammered, with many suffering losses in excess of 50%.

The White Law Group is investigating the liability that brokerage firms may have for recommending SandRidge Mississippian Trust II.  Brokerage firms have an obligation to perform adequate due diligence on any investments they recommend.  Additionally, brokerage firms are required to ensure that all recommendation made are suitable for the investor in light of the investors age, investment experience, investment objectives, net worth, and income.

If it can be determined that the brokerage firm failed to perform adequate due diligence or recommended an investment unsuitably, the firm can be held responsible for any resulting losses in a FINRA arbitration claim.

If you invested in SandRidge Mississippian Trust II and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

www.whitesecuritieslaw.com .

Recovery of SandRidge Mississippian Trust I Losses

Have you suffered losses investing in SandRidge Mississippian Trust I  (NYSE:SDT)?  To the extent that you purchased the investment at the recommendation of a financial advisor, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim.

SandRidge Mississippian Trust I, a statutory trust, acquires and holds royalty interests in specified oil and natural gas properties in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods counties in Oklahoma. As of December 31, 2013, the company’s properties comprised royalty interests in the initial 37 wells; and 121 additional wells that were drilled and perforated by the company. SandRidge Mississippian Trust I was founded in 2010 and is based in Austin, Texas.

Oil and gas UITs, like SandRidge Mississippian Trust I. are functionally similar to other types of unit investment trust, such as those that invest in real estate or equities. Each trust is divided into individual units that are then priced and sold to investors. These units represent a proportional interest in all of the oil and gas assets held by the trust, and each has a pre-determined maturity date on which all the assets held in the trust are sold, and the money that is realized from the sale is distributed to the unit holders.

Unlike REITs or stock unit trusts, oil and gas UITs are invested directly into production or exploration, and the income and expenses realized from the production are passed through the trust.

One risk of UIT investments is that the basket of assets held by the trust does not change so in volatile markets there is no manager that is also to change the underlying investments or minimize the losses.  With the falling price of oil, oil and gas UIT investments have been hammered, with many suffering losses in excess of 50%.

The White Law Group is investigating the liability that brokerage firms may have for recommending SandRidge Mississippian Trust I .  Brokerage firms have an obligation to perform adequate due diligence on any investments they recommend.  Additionally, brokerage firms are required to ensure that all recommendation made are suitable for the investor in light of the investors age, investment experience, investment objectives, net worth, and income.

If it can be determined that the brokerage firm failed to perform adequate due diligence or recommended an investment unsuitably, the firm can be held responsible for any resulting losses in a FINRA arbitration claim.

If you invested in SandRidge Mississippian Trust I  and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

www.whitesecuritieslaw.com .