Articles Posted in Unlicensed Broker

Unlawful Sale of Unregistered Interest in Oil and Gas Investments – South Florida Federal and State Court Litigation Attorney

Published on: August 18, 2018 | By Russell L. Forkey, P.A.

Securities and Exchange Commission v. Chad Anthony Lewis, No. 18-cv-61869 (S.D. Fla. filed August 13, 2018)

Recently, the Securities and Exchange Commission filed a civil injunctive action against Chad Anthony Lewis, a Kentucky resident for unlawfully acting as an unregistered broker and selling unregistered investments in two oil and gas companies based in Texas.

The SEC’s complaint, filed in the U.S. District Court for the Southern District of Florida, alleges that Lewis illegally solicited and raised money from investors for Aegis Oil, LLC and 7S Oil & Gas, LLC. Both of these companies offered and sold unregistered securities in the form of “joint venture units” in oil and gas development projects located in Texas.