Dr. Wade Barker, a founding surgeon of the now bankrupt Forest Park Medical Center, has agreed to plead guilty for his role in what prosecutors claim was a $40 million criminal bribery and kickback scheme that involved 21 doctors, hospital administrators and consultants. The Texas Lawbook has learned that as many as three other defendants in the case are involved in secret plea negotiations with prosecutors.
KBR Pays $2.5M Penalty Settling 2013 Financial Overstatement
The U.S. Securities and Exchange Commission announced Monday that Houston-based KBR employed insufficient financial controls and procedures that resulted in the global engineering and construction company overstating in publicly-filed documents
SEC Levies New Charges, Seeks Additional Penalties against Texas Energy Fund Execs
The U.S. Securities and Exchange Commission filed new charges against seven executives of Grapevine-based Texas Energy Mutual involved in a $10 million oil and gas Ponzi scheme between 2013 and 2016 that defrauded hundreds of investors in several states.
SEC Charges Texas Coastal Energy, CEO with Fraud
Dallas-based Texas Coastal Energy Company and its CEO committed federal securities fraud by lying to investors and misappropriating $2.6 million of their money, the U.S. Securities and Exchange Commission said Tuesday.
SEC Charges ‘Whale Whisperer’ with Securities Fraud
(June 4) – The U.S. Securities and Exchange Commission has accused a musician and composer who designed sound systems at the ballparks for the Houston Astros and Texas Rangers with misleading financial investors and misusing $3.3 million for luxury Las Vegas hotels, designer clothing and large cash withdrawals at casino ATMs.