April 07, 2017
Federal prosecutors urged a New York federal court on Friday to freeze a civil case from the U.S. Securities and Exchange Commission alleging three men padded their pockets by tricking investors into thinking Terminus Energy Inc. developed a viable fuel cell prototype, saying the related criminal trial should proceed first.
February 14, 2017
Federal prosecutors in New York charged three men Tuesday with a $5 million criminal scheme to inflate the share value of a fuel cell company called Terminus Energy Inc. and to use 70 percent of those proceeds to fund personal expenses.