Federal Judge Won’t Dismiss SEC Claims Against Salesman In Drilling Case

(July 19, 2024, 2:32 PM EDT) -- DALLAS — A federal judge in Texas denied a motion from the former chief operating officer (COO) of a fracking business, finding that the Securities and Exchange Commission had adequately established its claims that the man took part in a scheme to defraud investors through unregistered sales of shares for the claims to survive dismissal....