Law360, New York (August 25, 2009) -- Securities regulators have asked a federal judge to approve a settlement with a Texas oil exploration company accused of running a “boiler room operation” that hid the fraudulent misuse of nearly $14 million raised from over 300 investors.
The motion, filed Monday by the U.S. Securities and Exchange Commission in the U.S. District Court for the Northern District of Texas, seeks a permanent injunction, to which defendant T-Bar...
