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June 18, 2015

Posted  January 28, 2016

The SEC charged Norstra Energy, a Texas-based oil company, and its CEO, Glen Landry, with defrauding investors by making false and misleading claims about reserve estimates and drilling campaigns.  The SEC also charged Eric Dany, the author of a stock-picking newsletter, for his role in a fraudulent promotional campaign encouraging readers to buy Norstra’s penny stock shares.  SEC

Tagged in: Misrepresentations, Securities Fraud,