Soreide Law Group has filed lawsuits for several investors whose stock brokers recommended Energy XXI Ltd.  These investors were placed in a high concentration of this very volatile oil and gas stock by their brokers in their conservative portfolios. Energy XXI Ltd., an oil and gas company, filed for Chapter 11 bankruptcy protection, in April, […]

Soreide Law Group recently filed a FINRA arbitration on behalf of their client against WELLS FARGO ADVISORS LLC, (“Wells Fargo”),  and Wells Fargo advisor John B. Leonard (CRD# 2113842). The Claimant, is a 58 year old retiree from Ohio, who lives off the income generated from her investments and her teacher’s pension. Her investment objective […]

Shares in Bonanza Creek Energy Inc (BCEI) plummeted 36.84% in Wednesday’s trading after the company announced it hired Perella Weinberg Partners on retainer to help explore restructuring options. The Denver-based company is looking for help in analyzing and evaluating financial alternatives, according to a report filed with the Securities and Exchange Commission. Investors didn't appreciate […]

Soreide Law Group is investigating, on behalf of our clients, stock losses in Royale Energy Inc (ROYL) recommended by their brokers or financial advisors. ROYL 52-week range was: 0.06 - 1.30 Royale Energy Inc is listed as an independent oil and natural gas producer in the United States. It is involved in the production and […]

Soreide Law Group, is filing cases on behalf of those clients whose brokers recommended purchasing stock in Sanchez Production Partners LP (NYSE: SPP). Many of these investors were clients of Merrill Lynch at the time of the stock purchase, and on the recommendation of their Merrill Lynch brokers, invested heavily in this oil and gas […]

Soreide Law Group has been contacted by several investors who were recommended, by their brokers, to heavily invest in Emerge Energy Services LP (EMES).  Oil and gas stocks are extremely volatile and highly risky. With the plummeting prices of crude, many of these investors have experienced devastating losses. Emerge Energy Services LP (EMES) 52 week […]

On Sunday, May 15, 2016, Breitburn Energy Partners LP (BBEP), filed for chapter 11 bankruptcy protection due to plummeting oil prices. Business operations will continue while Breitburn negotiates a restructuring and participates in talks with creditors in hopes of coming back to the market after the restructuring.  Investors in Breitburn Energy will be hit hard […]

Soreide Law Group has filed a FINA arbitration for their clients against RAYMOND JAMES & ASSOCIATES, INC., and broker, LOREN LUCAS (CRD# 1203511). The Claimants are a retired couple who live in St. Augustine, Florida, and have been married for 43 years. The Claimants maintained their invests at RAYMOND JAMES under the management of their […]

Did your broker recommend purchasing Legacy Reserves LP (LGCYP)? Legacy’s 52 week range was 4.97 - 21.90. Legacy Reserves LP owns and operates oil and natural gas properties in the United States. As of December 31, 2014, the company owned interests in producing oil and natural gas properties in 665 fields comprising 11,121 gross productive wells, […]