Did you invest in Mountain V Oil and Gas, or Ridgewood Energy Funds I through Z?
Typically, investing in an oil and gas deals or limited partnerships can be a speculative venture that may have the risks associated with illiquid investments. When making investments in oil and gas deals or energy limited partnerships, we highly recommend caution.
Mountain V Oil & Gas, Inc., with it’s headquarters in Bridgeport, West Virginia, was founded in 1994 by Steve and Mike Shaver to obtain oil and gas reserves in the Appalachian Basin.
Ridgewood Energy Funds, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y and Z, were limited partnership deals that may not have produced returns in excess of the client’s original investment. Now, the investors in Ridgewood Energy Funds, have illiquid limited partnership interests that may not be producing the income they were promised by their broker/financial advisor.
Investors in these oil and gas funds who have suffered financial losses may potentially be able to recover their losses through a FINRA arbitration.
Oil and gas funds typically are sold through private placement securities offerings. These investments can be risky and not suitable for the portfolios of the conservative investor.
If you or a family member have sustained losses in any of these oil and gas investments due to your stock broker or financial advisor’s recommendation, call 888-760-6552, or visit https://www.securitieslawyer.com.
Soreide Law Group, PLLC., representing investors nationwide before FINRA the Financial Industry Regulatory Authority.