Category: Energy Sector Losses
Erez Law is currently investigating recommendations from brokerage firms across the country who recommended their clients invest in Seadrill Ltd., an offshore deepwater drilling contractor. Seadrill and other oil and gas companies have experienced price fluctuations over the past few … Continue reading
In September 2017, a former client of J.J.B. Hilliard, W.L. Lyons, LLC won an award in a FINRA arbitration for compensatory damages for $450,000 and $94,150 in punitive damages and $18,399 in costs for losses sustained from over the concentration … Continue reading
Erez Law is currently investigating PTX Securities, LLC financial advisor Terry Harvey (CRD# 2364966) regarding losses in the oil and gas sector. Harvey has been registered with PTX Securities, LLC in Plano, Texas since 2012. Many oil and gas companies … Continue reading
Erez Law is currently investigating former Meyers Associates, L.P. financial advisor Naveed (Nick) Khan (CRD# 4615944) regarding ForceField Energy stock fraud. Khan was registered with Meyers Associates, L.P. in Staten Island, New York from 2013 to 2016. In May 2017, … Continue reading
Erez Law is currently investigating financial advisors across the country who recommended investments in Chimera Energy Corp., a former Houston, Texas-based company that supplied equipment and components that used in the exploration and production of oil and gas. In August … Continue reading
Erez Law is currently investigating former UBS Financial Services Inc. financial advisor Michael Keane (CRD# 265697) regarding unsuitable recommendations in energy stocks. Keane has been registered with UBS Financial Services Inc. in Melville, New York from 2007 to 2016. He … Continue reading
Erez Law is currently investigating brokers across the country in connection with losses sustained from participation in a $15 million oil and gas investment Ponzi scheme involving TexStar Energy Corp., Southern Energy Group Inc. and TennStar Energy Inc. In August … Continue reading
Erez Law is currently investigating former UBS Financial Services Inc. financial advisor William Paynter Jr. (CRD# 2835535) regarding unsuitable and overconcentrated investments in the high risk oil and gas sector. Paynter has been registered with Wells Fargo Clearing Services, LLC … Continue reading
Erez Law is currently investigating former UBS Financial Services Inc. financial advisor Todd Ellentuck (CRD# 1321452) regarding excessive fees and commissions, unauthorized trades in Puerto Rico bonds, overconcentrated investments in MLPs, unsuitable structured products, and losses tied to the high … Continue reading
Erez Law is currently investigating financial advisors across the country who recommended investments in EnerVest Ltd., a Houston, Texas-based oil and gas company that has been focusing on energy investments since 1992. Once rated as one of the top 25 … Continue reading