December 08, 2017
Delta Petroleum founder Roger Parker beat an insider trading suit brought by the U.S. Securities and Exchange Commission this week when a Colorado federal jury found at a retrial that the agency hadn't proved all the elements of its case.
June 14, 2017
The U.S. Securities and Exchange Commission plans to put admitted insider traders on the stand against the founder of oil developer Delta Petroleum at his upcoming trial for allegedly giving stock tips to Delta's insurance broker and another.
May 25, 2016
A Colorado federal judge refused to let the former head of Delta Petroleum out of a 4-year-old insider trading case brought by the U.S. Securities and Exchange Commission, saying questions remained about whether he tipped others' trades.
November 28, 2012
The U.S. Securities and Exchange Commission said Wednesday that it's adding the former CEO of Delta Petroleum Corp. to its civil insider trading case that it originally brought in October against a former insurance executive, who was also hit with criminal charges, saying the ex-CEO was the source at the center of the $890,000 scheme.
October 26, 2012
The FBI said Friday that a grand jury had indicted Van Gilder Insurance Co.'s recently resigned CEO on five counts of insider trading targeting his Delta Petroleum Corp. securities purchases, while a U.S. Securities and Exchange Commission investigation resulted in a civil suit over the scheme's alleged $161,000 in ill-gotten gains.