Ashmore Wins $14+ Million Appeal

In a case with significant implications for the oil and gas industry, RWO Shareholder Tracy Ashmore has won reversal of a $14+ million judgment awarded to the SEC.

Finding significant issues of fact, the U.S. Fifth Circuit reversed and remanded a judgment the SEC had won on summary judgment against a group of oil and gas drilling promoters.  “The ruling is important because it rejects per se categorizations of conduct the SEC deemed unlawful in favor of thorough factual analysis specific to each joint venture questioned,” Ashmore said.

The case is No. 17-10503. See https://business.cch.com/srd/SECvArcturusCorp011019.pdf

Contact our Denver business law firm for exceptional legal counsel

Since 1977, Robinson Waters & O’Dorisio, P.C. has committed to offering high-quality, personalized legal services for companies of all sizes.

To learn how we can benefit your company, call 303-297-2600 or  Contact Us Online

News & Alerts

14 RWO Lawyers Named 2024 Colorado Super Lawyers

RWO is honored to announce 14 of our attorneys have been named 2024 Colorado Super Lawyers and Rising Stars. Congratulations to our Super Lawyers – Jennifer C. Alldredge, Tracy Ashmore, Bryan Biesterfeld, Hal Bruno III, Douglas Ferguson, Juli Lapin, Anthony...

read more

RWO Ranked in 2024 Best Law Firms

We are honored to announce RWO has been featured in the 2024 edition of Best Law Firms® nationally in 2 practice areas and Metropolitan in 8 practice areas. The list of 2024 Best Law Firms® includes law firms recognized for professional excellence with persistently...

read more

303-297-2600

Attorney Advertising. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.