Litigation: SEC Vs. Three Companies - SEC Charges Texas Recidivist for Fraudulent Sale of Oil-And-Gas Investments
December 24, 2020
December 24, 2020
WASHINGTON, Dec. 24 -- The Securities and Exchange Commission issued the following litigation release (No. 4:20-cv-972; E.D. TX, filed December 23, 2020):
On December 23, 2020, the Securities and Exchange Commission filed a complaint against Ronnie Lee Moss, Jr. of Flower Mound, Texas, and Genesis E&P, Inc., Royal Oil, LLC, and Catalyst Operating, LCC, three companies Moss controlled, alleging they raised approximately $5.7 million by selling fraudulent oil-and-gas investments.< . . .
On December 23, 2020, the Securities and Exchange Commission filed a complaint against Ronnie Lee Moss, Jr. of Flower Mound, Texas, and Genesis E&P, Inc., Royal Oil, LLC, and Catalyst Operating, LCC, three companies Moss controlled, alleging they raised approximately $5.7 million by selling fraudulent oil-and-gas investments.< . . .