Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Soreide Law Group is currently investigating, on behalf of our clients, the private placement, Noble Royalty Access Funds. Noble Royalties, Inc. offers several oil and gas private placements through broker/dealers. Private placements can carry substantial risks, high commissions, and are often illiquid. The private placements involving oil and gas in particular, after the devastating losses and bankruptcies of dozens of oil and gas companies, have caused irreplaceable losses to many conservative portfolios.
Noble Royalties, Inc. acquires, funds, and manages oil, gas, and coal royalty properties. It acquires producing and non-producing oil royalties, gas royalties, and overriding royalties in the United States. The company was founded in 1997 and is based in Addison, Texas. It has engineering offices in Houston, Texas.
Many investors who have contacted us have suffered devastating losses in Noble Royalties and other related investment products such as Royalty Access Fund III, IV and V.
Broker/dealers have a responsibility to their clients to disclose all risks associated with investing in private placements. If you’ve suffered losses in any of the Noble Royalties private placements due to the recommendations of your broker/dealer, contact Soreide Law Group for a no-cost consultation regarding the possible recovery of your investment losses at: 888-760-6552.
Soreide Law Group operates on a contingency fee basis
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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