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Recovering Losses caused by Investment Misconduct

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Ohio Energy Investment Stock Scams – Have You Been a Victim?

Energy, the environment, and the economy are all common news items, and their commonality, combined with the selling tactics of some brokers, may lead some investors into fraudulent energy stock scams. Investing in a company that promises things like affordable energy that is environmentally friendly may seem like a good financial investment and a cause that you can support, but it is only beneficial if the claims of the company are true, and the broker attempting to sell you the stocks is not out to scam you.

FINRA Warns Investors of Energy Stock Scams

While some energy stock investments are legitimate, the Financial Industry Regulatory Authority (FINRA) has warned investors about the potential for fraudulent energy investments. Specifically, FINRA is encouraging investors to be wary of:

  • Unknown or extremely small energy companies
  • Companies that promise immediate payoffs
  • Companies that promise payoffs that are too good to be true
  • Stocks that don’t meet the requirements of any of the major stock exchanges

These factors are not necessarily always signs of fraudulent energy investment schemes. However, they are important warning signs that should lead you to ask your broker detailed questions about the investment and expect detailed responses in return.

Victims of Energy Investment Scams Should Consult a Columbus Investment Fraud Attorney

If you have lost money in an energy stock scam, then it is important to contact an experienced Columbus investment fraud lawyer to discuss your legal rights and potential recovery. The Law Firm of Meyer Wilson is the only Ohio law firm that is exclusively dedicated to individual investor claims and class actions.

To schedule a free consultation with an experienced Ohio investment fraud attorney, please call us today at 614-224-6000 or toll-free at 1-866-827-6537. We also invite you to read our FREE book for more information about your rights and potential recovery: Five Signs of Investment Fraud... And What to Do if it's Happened to You.