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Oklahoma Securities Regulator Orders Houston Based Company to Cease and Desist

Oklahoma Securities Regulator Orders Houston Based Company to Cease and Desist

Oklahoma Securities Regulator Orders Houston Based Company to Cease and Desist 150 150 Rex Securities Law

March 4, 2016-Oklahoma City, OK

The Oklahoma Department of Securities file an Order to Cease and Desist and Notice of Opportunity for Hearing in the matter of Houston-based ThinAir Wireless, Inc. and Howard “Trip” Wakefield.

The Oklahoma regulator alleges that an Oklahoma resident invested in promissory note offered by Wakefield that ThinAir and that the offering was not registered in compliance with state law. In addition, Wakefield, who was acting as an agent, was not registered in accordance with Oklahoma law. ThinAir Wireless filed for bankruptcy in May 2014.

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.

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