In Texas, the right to payment from oil or gas production is usually divided between the landowner (the owner of the mineral rights below the surface), who is entitled to receive a fraction of the production (or its cash equivalent) as a royalty, and the operator/lessee, who drills and operates the well. Oil and gas investments in Texas are regulated by the Texas State Securities Board. Oil and gas investments are often offered to investors through interests in partnerships or limited partnerships by way of private placements.
Many investors are familiar with investments in common stocks, bonds, mutual funds, certificates of deposit and other traditional investments. Losses in these investments often form the basis of a legal claim. In addition, you may have followed the advice of a financial advisor and put money into a less traditional investment, based on the promise of higher than average returns. There is a large variety of non-traditional investments, many of which are explained below.
Many less traditional or “alternative investments” pose significant risks that are hard to understand. Often investors do not understand the full risks of an investment. Often the risks are not properly explained or disclosed.
If you have recently lost money in a product you did not understand, you may have a claim for damages.
The investment and securities fraud attorneys at Moulton & Arney, LLP have extensive experience representing individual investors in securities arbitration and litigation. Cindy Moulton and Lance Arney have successfully represented thousands of clients in securities and investment fraud cases, with combined claims of hundreds of millions of dollars.
If you have suffered an Oil and Gas investment loss, you may be entitled to recover all or part of your investment. To find out more about your potential claims against your broker/financial advisor, investment firm, or securities firm, please contact an experienced investment fraud attorney.