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Fracking Company CEO, Colorado Agency Reach Deal On Securities Fraud Charges

Mealey's (June 18, 2015, 11:10 AM EDT) -- DENVER — The Colorado securities commissioner on April 22 issued a stipulation for consent between the state and a hydraulic fracturing company that has been ordered to cease and desist selling securities in the company on grounds that doing so violated state securities laws.

(Cease and desist order available. Document #94-150512-014R.)


Premier Water Solutions offered and sold securities that were neither registered nor exempt from registration as required by Colorado Revised Statutes (CRS) Section 11-51-301, according to the Colorado Division of Securities (CDS).

The consent...
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