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Posts Tagged ‘securities fraud’

Halliburton Displays a Pattern of Deceit in Recent Settlement

securities fraud class action lawsuit

Halliburton Displays a Pattern of Deceit in Recent Settlement

Recently, Halliburton reached a settlement to resolve a securities fraud class action lawsuit against the oilfield services provider. The lawsuit reached the Supreme Court twice and stems from misrepresentations made by the company. In short, Halliburton misrepresented its potential liability in asbestos litigation. It also misrepresented expected revenue from construction contracts and the...

SEC Reports Another Historic Year for Whistleblowers

fraud attorneys

SEC Reports Another Historic Year for Whistleblowers

Thanks to the Dodd-Frank Whistleblower program, the U.S. Securities and Exchange Commission (SEC) had a historic fiscal year in 2016, reportedly awarding $57 million to whistleblowers who provided key information about misuse of government programs and contracts. The Dodd-Frank program was started in August 2011. It has since awarded over $136 million to honest individuals, often represented...

Texas “Frack Master” Charged in Alleged Securities Fraud Scheme

securities fraud

Texas “Frack Master” Charged in Alleged Securities Fraud Scheme

Chris Faulkner — the self-styled “Frack Master” of Dallas — has been charged by the Securities and Exchange Commission (SEC) in an alleged $80 million oil and gas securities fraud scheme. According to the SEC, Faulkner was the ringleader of a scam that circulated phony offering materials, siphoned off investor funds and tried to manipulate the stock price of Faulkner’s oil and gas...

What are my chances?

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