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30 cze 2022 · Scammers have long extracted cash from gullible investors seeking to extract crude from the Earth. A new breed of oilpatch con artist will promise to get you into fracking —injecting fluid at...
11 cze 2021 · FTC’s latest findings bolster claims of collusion among shale producers raised in ongoing Congressional probes and major class-action lawsuits.
20 cze 2021 · The gargantuan claims about shale hydrocarbon reserves—which were compared more than once to those in Saudi Arabia—were clearly designed to woo investors into bidding up the stock price and/or hoovering up the constant stream of junk bonds emitted by the shale oil and gas drillers.
29 paź 2024 · In its first crackdown on fraudulent investment activities involving natural gas drilling in the Marcellus Shale, the Pennsylvania Securities Commission (PSC) on Thursday ordered an Allegheny...
Washington D.C., April 14, 2021 — The Securities and Exchange Commission today charged seven individuals, including criminal recidivist Richard Dale Sterritt, Jr., with defrauding investors through a multimillion dollar oil-and-gas offering fraud and related market manipulation scheme.
13 maj 2024 · The US shale oil industry faces a barrage of lawsuits alleging some of the largest companies in the sector colluded to curb output and raise prices, after similar claims were made by US antitrust...
6 lip 2016 · Mr. Faulkner stands accused of defrauding investors out of much smaller sums than Mr. Lay or Mr. McClendon, though the SEC put the damage done at $80 million. And unlike McClendon or Lay, the SEC has not sought criminal penalties over Mr. Faulkner’s alleged misdeeds.
