FINRA Arbitration Attorney for Oil and Gas Private Placement Securities Investment Losses and Tenant in Common TIC 1031 Investment Property Loss Recovery

Please Attorney Daniel Bakondi contact by email:
danielbakondi@yahoo.com

Phone: (415) 450 – 0424
Fax: (415) 399 – 9608 

Attorney Bakondi has recovered millions of dollars in compensation for investors in non-conventional investments like oil and gas projects and Tenant in Common “TIC” 1031 investments in FINRA arbitrations.  

These investments may be highly speculative investments and only suitable for investors who are willing to risk and lose their entire principal.  However, because of the high commissions paid to brokers and financial advisors, many of these investments were recommended and sold to retirees, elderly, and unsophisticated investors who were not looking to speculate, and could not afford to lose their investment.

Such investments may take forms including:

• Private Placements
• Master Limited Partnerships (MLPs)
• Stocks or bonds
• TICs

• Exchange-Traded Funds (ETFs)
• Exchange-Traded Notes (ETNs)

Investments such as these oil and gas energy investments are the subject of current FINRA fraud warnings.  https://www.sec.gov/investor/alerts/ia_oilgas.pdf

Also see, Investment News: http://www.investmentnews.com/article/20160316/FREE/160319960/wave-of-finra-arbitration-claims-expected-from-bad-bets-on-energy

These investments often constitute a significant percentage of an investors portfolio constituting a failure to diversfy and overconcentration in addition to often a faulty product and failure to disclose  material facts.   Suitability concerns are also abundant.

There is also currently a rise in defaults of oil and gas bonds. 

Mr. Bakondi has helped investors recover millions of dollars for investments that are either reducing distributions, not paying distributions at all, or facing cash calls or other consequences.  It is often not the fault of management, but the broker and broker-dealer who failed to assess the risks, and sold an overpriced problematic investment without proper due diligence.  Most major brokerage houses never offered such investments to their clients.  Many broker-dealers who did approve such investments for sale to their customers did so through negligence or securities fraud. Such invetsments are often over-leveraged and not for conservative investors.  These can be high risk and volatile investments with unexpected pay structures.

Current investigations:

  • Credit Suisse

  • Avondale

  • RBC Capital Markets

  • Stifel

  • Merrill Lynch

  • Raymond James

  • Wells Fargo

  • BB&T Capital Markets

  • FBR Capital

  • Jeffries

  • Oppenheimer

  • JP Morgan

  • Deutsch Bank

  • Morgan Stanley

  • Barclays Capital

  • Needham

  • Robert W. Baird

  • UBS

Investments being investigated:

  • Mountain V Oil and Gas Investment

  • Wedbush Investments

  • Ridgewood Energy Fund

  • Atlas Resource Partners

  • Mewbourn Oil Investments

  • Peabody Energy

  • Chesapeake Energy

  • Reef Oil and Gas Development Fund III

  • Linn Energy

  • Arch Coal

  • Layton ENergy Wharton LP

  • Swift Energy

  • Alpha Natural Resources

  • Sandridge Energy

  • Bradford Drilling and Exploration

  • Texas Energy Exoro

  • Alliance Resource Partners

  • Cloud Peak Energy

  • Pinacle Partners

  • Seadrill

  • Natural Resource Partners

  • Transocean

90 Oil and gas bankruptcies 2015-2016 according to Haynes Boone:

WBH ENERGY PARTNERS 

IVANHOE ENERGY INC. 

DUNE ENERGY INC. 

BPZ RESOURCES, INC. 

QUICKSILVER RESOURCES 

LARICINA ENERGY 

SHORELINE ENERGY

ERG RESOURCES, LLC 

AMERICAN EAGLE ENERGY CORP. 

DUER WAGNER OIL & GAS 

SUN RIVER ENERGY 

PRIMERA ENERGY 

SARATOGA RESOURCES (HARVEST OIL & GAS) 

SEFTON RESOURCES

ARABELLA PETROLEUM 

MILAGRO OIL & GAS, INC. 

SABINE OIL & GAS 

LUCA INTERNATIONAL GROUP LLC 

SAMCO OIL, LLC  

BLACK ELK ENERGY OFFSHORE 

WALDRON ENERGY

WINDFIRE RESOURCES 

COGI LIMITED PARTNERSHIP 

ARMADA OIL INC. 

CONTINENTAL EXPLORATION, LLC 

SAMSON RESOURCES CORPORATION 

MILLER ENERGY RESOURCES, INC.  

AIX ENERGY INC. 

RAAM GLOBAL ENERGY COMPANY 

REPUBLIC RESOURCES, LLC  

ESCALERA RESOURC CO. 

PARALLEL ENERGY LP  

HYPERION EXPLORATION CORP.

SPYGLASS RESOURCES CORP.

ENERGY & EXPLORATION PARTNERS, INC. 

TRANSCOASTAL CORPORATION 

CUBIC ENERGY, INC.  

MAGNUM HUNTER RESOURCES CORPORATION 

NEW GULF RESOURCES, LLC 

SWIFT ENERGY COMPANY 

AURORA OPERATING, LLC 

MOG PRODUCING, LP 

ANTERO ENERGY PARTNERS, LLC 

EMKEY RESOURCES, LLC 

OSAGE EXPLORATION AND DEVELOPMENT, INC. 

GINGER OIL COMPANY 

PRIMROSE LA SARA, LLC 

ARGENT ENERGY TRUST

ARGENT ENERGY (U.S.) HOLDINGS, INC.

D.J. SIMMONS, INC. 

RMR OPERATING, LLC

NEW SOURCE ENERGY PARTNERS, LP 

VENOCO, INC. 

EMERALD OIL, INC. 

WHISTLER ENERGY II, LLC 

TERRA ENERGY CORP.

 7711 OPERATING COMPANY, LLC 

POSTROCK ENERGY CORPORATION 

BLUFF CREEK PRODUCTION, LLC 

AZTEC OIL & GAS, INC. 

HYDROCARB ENERGY CORPORATION 

ENERGY XXI LTD 

GOODRICH PETROLEUM CORPORATION 

TRINITY RIVER RESOURCES, LP 

PALADIN ENERGY CORPORATION 

MOSAIC ENERGY LTD

ULTRA PETROLEUM CORP. 

PACIFIC EXPLORATION & PRODUCTION CORP.

MIDSTATES PETROLEUM COMPANY, INC

CALERA GAS, LLC
AURORA GAS LLC
ANTERRA ENERGY INC.

CHAPARRAL ENERGY, INC. KINWEST 2008 ENERGY INC.

LINN ENERGY, LLC 

BERRY PETROLEUM COMPANY, LLC 

PENN VIRGINIA CORPORATION BREITBURN OPERATING LP
SANDRIDGE ENERGY, INC.
CONNACHER OIL AND GAS LIMITED

RICOCHET ENERGY, INC. 

INTERVENTION ENERGY HOLDINGS, LLC 

LINC USA GP 

ENDURANCE ENERGY LTD.

NORTHPOINT RESOURCES LTD.

WARREN RESOURCES, INC.

TAUREN EXPLORATION, INC. 

LGX OIL + GAS INC.

CORE RESOURCE MANAGEMENT, INC.

MAXUS ENERGY CORPORATION
TRIANGLE USA PETROLEUM CORPORATION 

ATINUM MIDCON I, LLC 

III EXPLORATION II LP
ATLAS RESOURCE PARTNERS, L.P.

HALCÓN RESOURCES CORPORATION

RINCON ISLAND LIMITED PARTNERSHIP BENNU TITAN LLC
NORTHSTAR OFFSHORE GROUP LLC

The Law Office Of Daniel Bakondi
870 Market Street, Suite 1157
San Francisco CA 94102 

Please contact by email:
danielbakondi@yahoo.com

Phone: (415) 450 – 0424
Fax: (415) 399 – 9608 

Please note that you are not considered a client until a formal agreement to take on your matter is entered into and No attorney-client relationship is created through this website.  You may not rely in any way the attorney and nothing constitutes legal advice nor legal opinion uness expressly stated.  Your issue may be time sensitive and may result in loss of rights if you do not obtain an attorney immediately. Attorney licensed to practice in California and California jurisdiction matters only, engages in FINRA securities matters nationwide, and may practice pro hoc vice or engage associate counsel for litigation matters nationwide.

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About California Litigation Attorney

As a litigation attorney in California, I handle business, property, investment and securities fraud and negligence, including broker and financial advisor cases in court and FINRA securities arbitration.
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