Colorado Springs–October 10, 2014– Robert Allen Zickefoose, who had been indicted in 2013 for securities fraud and theft, was sentenced to 10 years in prison after pleading guilty for selling unregistered oil and gas investments in Adams County.
Zickefoose was owner of Zickefoose Reserves LLC and sold interests through that company and Choice Energy Group in two wells, Ruby No. 1 and Ruby No. 2 in the Wattenberg field, Adams County. Instead of investing the money in wells he allegedly spent the money on personal expenses and other business expenses.Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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