Soreide Law Group is investigating claims on behalf of our clients who were recommended APX Energy oil and gas private placement investments by their brokers or financial advisors.
APX Energy, LLC offers oil and gas exploration services. It focuses developing projects in the Illinois Basin and other areas in the southern United States. APX Energy, LLC was incorporated in 2011 and is based in Buffalo, New York.
APX Energy sponsors several oil and gas private placements. Often brokers do not make their clients aware of the nature of these very high-risk and illiquid investments. It is the responsibility of the brokers and financial advisors to make their clients aware of the risks, especially to the investor who wishes to remain at low-risk due to the conservative goals of their portfolio.
Stockbrokers and/or financial advisors have a duty to recommend investments to their clients that are appropriately based on the goals you set for your portfolio. Certain brokers and advisors at times may recommend unsuitable investments, over-concentrate, participate in unauthorized trading or churning of your account, or place their clients in a Ponzi scheme. Soreide Law Group is here to help you recover your losses due to the actions or misconduct of your broker. We only ask for money if money is recovered.
If your broker recommended this high-risk, private placement energy investment and you suffered financial losses, contact Soreide Law Group to discuss the possible recovery of your investment losses. If you’ve experienced losses in APX Energy private placement, call and speak to a lawyer at no cost at: 888-760-6552.
Soreide Law Group represents clients nationwide and operate on a contingency fee basis.
Steven Graham (CRD 1977736) denies the allegations in a pending customer claim filed on August 11, 2026. The disclosure names Western International Securities as the firm, and the claim involves corporate bonds. No arbitrator has ruled on it. His BrokerCheck report also lists a settled bond dispute and a federal court matter from earlier years.
A claim filed on September 11, 2024 names Thomas Hamlin (CRD 2208505) over a 10% Senior Unsecured Note in iCap Fund III. Every disclosure on his BrokerCheck report involves an iCap private placement and names Somerset Securities as the firm. Each one settled, and a settlement is not an admission of wrongdoing.
Peter Po's most recent settlement came on June 28, 2026, when a corporate bond claim settled for $40,000. Po (CRD 3106974) appears in several settled customer disputes over corporate and high-yield bonds. The disclosures name NI Advisors or California Securities as the firm, and each matter ended in a settlement, not a finding.
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