August 05, 2024
A fuel and gas company previously known as Taronis Technologies Inc. must pay a $1 million civil penalty after disregarding U.S. Securities and Exchange Commission allegations it touted nonexistent or exaggerated customer relationships with big customers, including Turkey's government and food processor Smithfield.
April 25, 2024
The former general counsel and CEO of an Arizona fuel company accused of conspiring to defraud investors out of $30 million have reached consent orders with the U.S. Securities and Exchange Commission and agreed to pay nearly $750,000 in fines, disgorgement and restitution.
December 08, 2022
The U.S. Securities and Exchange Commission pushed back against an Arizona fuel company's argument that the agency had made a number of baseless accusations in its suit alleging the company's former general counsel and chief financial officer conspired with the company's CEO to defraud investors.
August 26, 2022
The former general counsel and chief financial officer of an Arizona-based fuel company denies federal allegations that he schemed with the company's CEO to falsify orders, inflate revenue and mislead investors.