SEC Seeks Final Judgment In Westar Fraud Case

Law360, New York (March 2, 2009, 12:00 AM EST) -- The U.S. Securities and Exchange Commission has asked a federal court to approve final judgments in an enforcement action against Mark Roy Anderson, a convicted felon and disbarred lawyer who allegedly defrauded investors in securities related to Westar Oil Inc. and Terax Energy Inc., two oil and gas companies he once controlled.

In an unopposed motion filed Monday in the U.S. District Court for the Northern District of Texas, SEC attorneys asked the court to sign off on the final judgments, which include a permanent injunction...
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