October 04, 2016
Texas oil company Aegis Oil LLC has agreed to pay $41 million to end a U.S. Securities and Exchange Commission lawsuit claiming the company and its CEO sold about $35 million worth of unregistered securities and lied to investors, according to papers filed Tuesday in Florida federal court.
September 29, 2016
The U.S. Securities and Exchange Commission slapped a Texas oil company and its CEO with a lawsuit Thursday in Florida federal court, claiming they sold about $35 million worth of unregistered securities and lied to investors in the process.