Southlake Resources & Execs Pay $5.4 million in Securities Fraud Case
The SEC's Fort Worth office announced Tuesday that it has charged a North Texas oil and gas company and two of its senior officials with violating federal securities laws. Southlake Resources Group, the company’s founder and its vice president agreed to pay the SEC $5.4 million for their role in a dozen fraudulent oil and gas schemes that impacted more than 70 investors.




