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The securities arbtiration law firm of KlaymanToskes is investigating claims on behalf of investors who sustained losses in Moutain V Oil and Gas investments. So far, our investigation shows that several brokerage firms recommended Mountain V to their customers, as an income generating product. However, oil and gas investments are not suitable for most investors, and there can be significant risks associated with these types of securities.
In connection with recommending an investment to their customers, FINRA broker-dealers are required to conduct a suitability analysis which includes determining whether the client has both the ability and the willingness to take on the risks involved in the recommended security. Moreover, brokerage firms are required to disclose all information concerning the product, and conduct adequate due diligence of the issuer of the product before approving it for sale to their customers.
If you invested in oil and gas investments, including Mountain V, please contact our law firm. You may be eligible to file a lawsuit or claim in an effort to recover your investment losses.