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SEC Gets Win Against Pair In $4.4M Gas Well Scheme

Law360, New York (May 4, 2017, 4:10 PM EDT) -- A Texas federal judge on Thursday granted summary judgment to the Securities and Exchange Commission, which argued that two energy company salesmen involved in a scheme that allegedly took $4.4 million of investors’ money and spent it elsewhere were acting as unregistered brokers in violation of SEC rules.

Stephen Romo and Robert William Myers Jr. are alleged to have assisted Mieka Energy Corp. and its founder and president, Daro Ray Blankenship, in a scheme that raised $4.4 million from about 60 investors in exchange for proceeds...
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Case Information

Case Title

Securities and Exchange Commission v. Mieka Energy Corporation et al


Case Number

4:15-cv-00300

Court

Texas Eastern

Nature of Suit

Securities/Commodities

Judge

Amos L. Mazzant, III

Date Filed

April 30, 2015

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