Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
LBS Petroleum, LLC v. Demir et al
Case Number:
1:15-cv-22880
Court:
Nature of Suit:
Judge:
-
August 07, 2015
Investor Forum-Shopping Ponzi Suit, Drilling Cos. Claim
A group of Kentucky-based oil-drilling businesses and the couple that runs them urged a Florida federal judge Thursday to dump an investor's proposed class action alleging they produced falsified financial statements to further a $5 million Ponzi scheme, arguing the claims are without merit and are already being litigated in state court.
-
August 03, 2015
Oil Drilling Investor Class Alleges $5M Ponzi Scheme
A putative class of investors filed a complaint Monday in Florida federal court against a group of Kentucky-based oil-drilling businesses and two individuals who have allegedly produced falsified financial statements to further a $5 million Ponzi scheme to enrich themselves with company investments.