Bob Flournoy/ Energy Investment Partners Sanctioned by Texas Securities Regulator For Maple Grove 2 Prospect Sales-Austin, TX

Bob Flournoy/ Energy Investment Partners Sanctioned by Texas Securities Regulator For Maple Grove 2 Prospect Sales-Austin, TX

Bob Flournoy/ Energy Investment Partners Sanctioned by Texas Securities Regulator For Maple Grove 2 Prospect Sales-Austin, TX 150 150 Robert Rex, Esq.

Bob Flournoy/Energy Investment Partners Sanctioned for Maple Grove 2 Prospect Sales

July 2022- Dallas, TX 

On January 31, 2022, the Texas State Securities Board (TSSB) entered an order sanctioning Energy Investment Partners and John Robert “Bob” Flournoy.

According to the TSSB order, Energy Investment Partners and Flournoy offered working interests in the Maple Grove 2 prospect, an oil and gas reservoir in the Niagaran Reef Trend in Manistee County, Michigan. The offerings were  made in or from Texas through Energy Investment Partner’s website and the use of public advertisements on an online marketplace. The TSSB found that the working interests were securities under the Texas Securities Act and were not registered. In addition neither Energy Investment Partners nor Flournoy were registered at the time.

The TSSB ordered that Energy Investment Partners and Flournoy immediately cease and desist.

Questions about an investment in the Maple Grove 2 Prospect. Call for a no charge consultation.

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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