Archive for the ‘Kansas’ Category

SEC Nabs Oklahoma Attorney for Insider Trading

Tuesday, May 12th, 2009

The SEC has caught Matthew J. Browne, a Tulsa, Oklahoma attorney, engaging in insider trading in securities of SemGroup Energy Partners, LP (”SGLP”).  Specifically: (more…)

SEC Stops Offspring of Earlier Scam

Tuesday, September 30th, 2008

The U.S. Securities and Exchange Commission (”SEC”) has charged Delta Onshore Management, LLC, Jerry P. Jackson, a principal of Delta Management, and Peter J. Brooks, Jason Hertz, and Daniel Cohen, all of whom were unlicensed salesmen of the Delta Venture.  According to the SEC the defendants raised $2.8 million from 50 investors nationwide in what the SEC described as an “off-shoot of a previously filed massive securities oil-and-gas related offering fraud case, SEC v. Michael J. McNaul, II, et al., pending in the United States District Court for the District of Kansas, Wichita Division. (more…)

Kansas Case Highlights Paradigm Conflict

Thursday, December 20th, 2007
Lenexa, Kansas resident James A. Freese, 35, has begun serving an 86 month prison sentence.  His path to the jail cell speaks to the vulnerability of investors to anyone with a license to sell securities or to act as an investment adviser. Freese ran AFG Capital Management, Inc. in the Kansas City suburb of Overland Park, Kansas.   In explaining what Freese did, Kansas Securities Commissioner Chris Biggs said:  (more…)