September 26, 2014- Nashville, TN
The US Attorney, Eastern District of Kentucky issued an indictment of John G. Westine, Jr. of Malibu, California and Michael Hicks of Cincinnati, Ohio for selling $4 million interests in a purported oil deal on a 100 acre farm in Tompkinsville, KY. Westine has previously served time for a similar scheme.
The companies include Clementsville Oil, JMack Energy, Royal Leasing, Royal Energy Leasing, Midwest Leasing, Marathon Royalties, Liberty Oil Leasing and Three Star Leasing. Investors were told that a $70,000 investment could yield $3,600 a month.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are 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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