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Investors obtain receiver, purchase assets of oil and gas partnerships

Over 100 investors who were victims of securities fraud related to their purchase of interests in oil and gas partnerships litigated in both the United States District Court Investors obtained a $18.2 million judgment against the issuers of the securities, a receiver over the general partner that managed the partnerships and the numerous issuing partnerships, and the investors purchased the assets of the oil and gas partnerships at a judicial sale conducted by the receiver.

Waller represented over 100 investors in obtaining a receiver over the oil and gas wells and in purchasing the oil and gas wells at a court-approved stalking horse auction.

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Katie Stenberg
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Pat Grace
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