Securities and Exchange Commission v. Striker Petroleum, LLC et al

  1. December 05, 2011

    Striker To Pay $65.5M In SEC Fraud Suit

    Striker Petroleum LLC agreed Monday in Texas federal court to pay nearly $65.5 million in combined disgorgements and penalties for allegedly inflating the company's value and swindling investors out of $57 million.

  2. August 24, 2011

    Ex-Striker Execs Told To Cough Up $7M In SEC Fraud Suit

    A Texas federal judge ruled Monday that two former Striker Petroleum LLC executives should pay nearly $6.9 million combined in disgorgements and penalties for allegedly inflating the company's value and swindling investors out of $57 million.

  3. July 19, 2011

    SEC Wants Striker Execs To Pay $3.6M In Fraud Case

    The U.S. Securities and Exchange Commission on Monday asked a Texas federal judge to order two Striker Petroleum LLC directors to pay more than $3.6 million in disgorgements and penalties for allegedly inflating the company's worth and defrauding investors of $57 million.

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