Eccleston Law: Attorney James Eccleston quoted in Thomson Reuters news article

Posted on May 1st, 2013 at 9:00 AM

Jim Eccleston was quoted in the Thomson Reuters article entitled "SEC warns investors of oil and gas scams."

Eccleston said "Private securities transactions can be extremely risky for investors. Liquidity in such transactions is limited because it can be difficult or impossible to resell the securities, which do not trade on exchanges."

He also went on to say "Investors in private oil and gas deals are particularly vulnerable because they often do not understand the complexities of the industry. They may not realize, for example, that investing in an 'exploratory well,' which is in an area that is not known to have produced oil or gas, is riskier than investing in other types of wells that are closer to areas where production was successful."

The SEC filed most of the civil fraud cases mentioned in the article between 2009 and 2011.

Related Attorneys: James J. Eccleston

Tags:

Return to Archive

TESTIMONIALS

Previous
Next

Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.

LATEST NEWS AND ARTICLES

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.

April 22, 2024
FINRA Fines Independent Broker-Dealers Over Cybersecurity Lapses

The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.

April 19, 2024
WealthFeed Raises Funds for AI-Driven Lead Generation Tool

WealthFeed leverages proprietary AI technology to collect nine real-time financial data points, including business sales, capital raises, inheritances, and job changes.