August 29, 2011
A Colorado federal judge on Friday struck a blow to the U.S. Securities and Exchange Commission's $5 million fraud suit against an energy investment company, saying oil and gas wells operated by Geodynamics Inc. may fall outside the commission's oversight.
August 25, 2011
An energy investment firm accused of fraud asked a Colorado federal judge on Wednesday to keep a U.S. Securities and Exchange Commission lawyer from testifying its CEO spent investors' money on a Learjet, vacation homes, cars and other lavish items.
August 16, 2011
Federal regulators on Monday sued the CEO of a Colorado energy company for defrauding investors, claiming he promised huge returns on oil and gas investments while instead splurging on a private jet, homes and other lavish personal items.