Kurt Berry Sold Petrorock Mineral Holdings, LLC – May Recover Investor Losses
FIRST ADVISORS NATIONAL, LLC investment adviser, Kurt Berry sold Petrorock Mineral Holdings, LLC. Goodman & Nekvasil, P.A. has represented multiple clients who purchased Petrorock Mineral Holdings.
CRD#: 4550773
KURT ALLEN BERRY (CRD#: 4550773), a former broker for VANDERBILT SECURITIES, LLC in Elizabethton, TN, has an investor complaint involving the sale of Petrorock Holdings. According to Berry’s FINRA BrokerCheck report, Client alleges when making the initial recommendations, respondents affirmatively represented to claimants that the investments were “safe” and consistent with their investment objectives of generating income with the ability to preserve principal. As set forth above, at Claimants’ stage of life, they were not in a position to recover money lost. To this end, respondents represented that the Resolute/Petrorock Investments were a non-correlated alternative to the stock market, which would not experience volatility. Respondents further touted the so-called tax benefits of investing in oil and gas securities structured like the Resolute/Petrorock Investments. Respondents never balanced the presentation with a discussion of risk and down played the boiler plate disclosure language that appeared in the offering documents as mandatory disclosure language that would have no application.
The complainant(s) are requesting $473,000.00 for alleged damages.

Kurt Berry Sold Petrorock Mineral Holdings, LLC
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 6/18/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.