Houston Energy Co. Wins $8.5M In Ex-Employee Fraud Dispute

By Y. Peter Kang (January 28, 2015, 10:30 PM EST) -- A Texas judge has affirmed a jury's $8.5 million award to Houston-based Smith Energy Co. in its suit accusing a former employee of fraud and theft in connection with oil and gas leases in West Texas, Smith Energy's attorneys at Rusty Hardin & Associates announced Wednesday.

Judicial District Court Judge Rick Morris on Monday affirmed a Terry County jury's ruling that Mark P. Hardwick, hired by Smith Energy to conduct "landman" services for the company, breached his fiduciary duty and committed fraud and theft by charging the company for work not done, double-billing for services and improperly obtaining leases he was...

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