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Star Exploration Inc. Case 12/22/2008

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Lawsuit Overview

According to the U.S. Securities and Exchange Commission (“SEC”), on December 22, 2008, the SEC filed a civil action in Dallas federal court against Star Exploration, Inc. and its principal, James T. Gurgainers. The SEC alleges that the defendants conducted fraudulent oil and gas securities offerings between December 2005 and May 2008, raising over $12 million from over 160 investors ...



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