Violations Alleged
•
Sec 17(a) (Not specified)
Additionally,
Rodney D. Erskine is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 12b-20 of the Exchange Act.
Steven L. Hochstein is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 12b-20 of the Exchange Act.
Randy L. Bartley is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 12b-20 of the Exchange Act.
John D. Perry is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 12b-20 of the Exchange Act.
Bryan T. Simmons is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 12b-20 of the Exchange Act.
Rodney D. Erskine is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(a) of the Exchange Act.
Steven L. Hochstein is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(a) of the Exchange Act.
Randy L. Bartley is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(a) of the Exchange Act.
John D. Perry is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(a) of the Exchange Act.
Bryan T. Simmons is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(a) of the Exchange Act.
Rodney D. Erskine is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-1 of the Exchange Act.
Steven L. Hochstein is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-1 of the Exchange Act.
Randy L. Bartley is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-1 of the Exchange Act.
John D. Perry is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-1 of the Exchange Act.
Bryan T. Simmons is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-1 of the Exchange Act.
Rodney D. Erskine is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-13 of the Exchange Act.
Steven L. Hochstein is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-13 of the Exchange Act.
Randy L. Bartley is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-13 of the Exchange Act.
John D. Perry is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-13 of the Exchange Act.
Bryan T. Simmons is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Rule 13a-13 of the Exchange Act.
Rodney D. Erskine is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(A) of the Exchange Act.
Steven L. Hochstein is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(A) of the Exchange Act.
Randy L. Bartley is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(A) of the Exchange Act.
John D. Perry is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(A) of the Exchange Act.
Bryan T. Simmons is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(A) of the Exchange Act.
Rodney D. Erskine is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(B) of the Exchange Act.
Steven L. Hochstein is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(B) of the Exchange Act.
Randy L. Bartley is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(B) of the Exchange Act.
John D. Perry is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(B) of the Exchange Act.
Bryan T. Simmons is alleged to have aided and abetted El Paso CGP Company, LLC's violation of Sec 13(b)(2)(B) of the Exchange Act.
Related Documents:
SEC Settles Securities Fraud Case With El Paso
Corporation, Its Subsidiaries, and Several Former
Employees
On July 11, 2008, the SEC stated that: "[It] filed a civil action against El Paso Corporation (El Paso), its subsidiaries El Paso CGP Company LLC (CGP) and El Paso Exploration & Production Co. (EPPH), and several former employees alleging that they inflated, or participated in the inflation of, the companies' proved natural gas and oil reserves in violation of the federal securities laws."
Complaint
The SEC stated: "Between 1998 and 2003, El Paso Corporation's ("El Paso's") oil and gas
production subsidiaries, El Paso CGP Company LLC ("CGP") and El Paso Exploration
and Production Co. ("EPPH"), materially overstated their proved oil and gas reserves
under the Securities and Exchange Commission's ("Commission's") rules. In September
2004, El Paso restated its financial statements for the period from year end 1999 through
September 30,2003."
2008-138
11-Jul-2008
Press Release--Civil Action
El Paso Corp., Subsidiaries, and Former Employees Settle SEC Charges for Fraudulently Overstating Oil and Gas Reserves
On July 11, 2008, the SEC stated that: "[It] charged Houston-based energy company El Paso Corporation, its subsidiaries, and five former employees with fraud for improperly inflating their proved oil and gas reserves, making the companies' financial statements materially misleading to investors."
Final Judgement as to Defendant El Paso CGP Company LLC
The Court stated: "The Securities and Exchange Commission having filed a Complaint and Defendant El Paso CGP Company LLC ("Defendant") having entered a general appearance; consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment."
