Goodrich Petroleum Corporation (NYSE:GDP) today, January 14, 2016, announced that it received notification from the New York Stock Exchange (NYSE) that the NYSE has commenced proceedings to delist the common stock as a result of the NYSE's determination that the common stock was no longer suitable for listing on the NYSE based on "abnormally low" […]

In a recent article in Reuters, they state that analysts at Wells Fargo Securities wrote that oil prices below $40 per barrel are not sustainable for most producers and high cost structures are expected to push more oil producers into restructurings or bankruptcies in the next 12-18 months. Call Our Securities Lawyers To File Your Claim […]

Have you experienced investment losses after your broker/financial advisor recommended the energy related stock Southcross Energy Partners, L.P. (SXE)? The company’s quarterly dividend was just suspended. Call Soreide Law Group for a no-cost consultation with a lawyer to discuss the possibility of recovering your losses at: 888-760-6550. SXE’s 52-week range was 1.12 - 16.20 Southcross […]

Have you experienced investment losses due to your broker/financial advisor recommending the energy-related stock Teekay Offshore Partners LP (TOO)? Call Soreide Law Group for a no-cost consultation with a lawyer to discuss the possibility of recovering your losses at: 888-760-6550. TOO’s 52-week range was 3.68 - 24.74. Teekay Offshore Partners L.P. provides marine transportation, oil […]

On July 21, 2014, California officials said a $20.4 million judgment was obtained against Synergy Oil LLC, a Newport Beach firm, and company manager, Robert Falco, for fraudulently marketing oil and gas investments. The judgment was ordered in late June in Orange County Superior Court. The judge ordered the defendants to return the money clients […]

The following summation of information is available on FINRA's Website under “Disciplinary and Other FINRA Actions, April, 2014.” Jeffrey Robert Alexander (CRD #5387133, Registered Representative, Colorado Springs, Colorado) was fined $5,000 and suspended by FINRA for three months. Alexander allegedly recommended investors purchase interests in an oil and gas program to fund the drilling of […]

Ridgewood Energy Corporation, of Ridgewood, New Jersey, manages private investment funds that develop and drill oil and gas projects located in the United States waters in the Gulf of Mexico. Many broker/dealers have sold Ridgewood Funds to their clients without conducting the a proper suitability analysis for such investments. These funds were not suitable for […]

On December 16, 2013, the SEC filed a complaint against Leon Ali Parvizian and his two companies, Arcturus Corporation and Aschere Energy LLC, alleging that they fraudulently offered and sold securities "in the form of interests in oil and gas joint ventures." Also, promoters Alfredo Gonzalez, AMG Energy, LLC , Robert Balunas, and R. Thomas […]

On December 16, 2013, the SEC filed a complaint against Leon Ali Parvizian and his two companies, Arcturus Corporation and Aschere Energy LLC, alleging that they fraudulently offered and sold securities "in the form of interests in oil and gas joint ventures." Also, promoters Alfredo Gonzalez, AMG Energy, LLC , Robert Balunas, and R. Thomas […]