December 05, 2011
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.
August 24, 2011
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.
July 19, 2011
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.