Bret L. Boteler – Florida Oil and Gas Private Placement Fraud and Misrepresentation Litigation Attorney

Florida Oil and Gas Private Placement Fraud and Misrepresentation Attorney, Russell L. Forkey, Esq.

Securities and Exchange Commission v. Bret Boteler, Civil Action No. 4:13-cv-00527-Y (N.D.TX., filed June 28, 2013)

SEC Charges Oil and Gas Promoter with Securities Fraud

The Securities and Exchange Commission recently filed a civil injunctive action charging Bret L. Boteler of Bedford, Texas with conducting a fraudulent oil and gas-related securities offering that raised more than $17 million from 260 investors across the country.

The Commission’s complaint, filed in the United States District Court for the Northern District of Texas, alleges that, between October 2007 and December 2011, Boteler offered and sold the securities through his now-defunct company, EnerMax, Inc., and that he never registered the offering with the Commission. The complaint further alleges that Boteler falsely portrayed EnerMax to investors as an innovative, technologically sophisticated company offering high quality oil and gas prospects. The complaint also alleges that Boteler misrepresented and omitted material information about the speculative and unproven nature of the prospects in which EnerMax was involved, and that Boteler misused and misappropriated investor funds.

The complaint charges Boteler with violating Sections 5(a) and (c) and 17(a) of the Securities Act of 1933, and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The Commission seeks civil penalties, disgorgement of ill-gotten gains (with prejudgment interest) and a permanent injunction against Boteler, including an injunction prohibiting him from offering or selling oil and gas-related securities.

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With extensive courtroom, arbitration and mediation experience and an in-depth understanding of securities law, our firm provides all of our clients with the personal service they deserve. Handling cases worth $25,000 or more, we represent clients throughout Florida and across the United States, as well as for foreign individuals that invested in U.S. banks or brokerage firms. Contact us to arrange your free initial consultation.

At the Fort Lauderdale Law Office of Russell L. Forkey, we represent clients throughout South and Central Florida, including Fort Lauderdale, West Palm Beach, Boca Raton, Sunrise, Plantation, Coral Springs, Deerfield Beach, Pompano Beach, Delray, Boynton Beach, Hollywood, Lake Worth, Royal Palm Beach, Manalapan, Jupiter, Gulf Stream, Wellington, Fort Pierce, Stuart, Palm City, Jupiter, Miami, Orlando, Maitland, Winter Park, Altamonte Springs, Lake Mary, Heathrow, Melbourne, Palm Bay, Cocoa Beach, Vero Beach, Daytona Beach, Deland, New Smyrna Beach, Ormand Beach, Broward County, Palm Beach County, Dade County, Orange County, Seminole County, Martin County, Brevard County, Indian River County, Volusia County and Monroe County, Florida. The law office of Russell L. Forkey also represents South American, Canadian and other foreign residents that do business with U.S. financial institutions, investment advisors, brokerage and precious metal firms.

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