June 2, 2015
The San Antonio Express News reports that a judge will appoint a receiver to take control of Brian Alfaro‘s oil and gas businesses which involve oil and gas wells in the Eagle Ford Shale in South Texas and the Barnett Shale in North Texas.
Investors, including Freddie Patek, a former major league baseball player, had previously filed a lawsuit alleging fraud in connection with their investments. In April 2015 a temporary restraining order was issued barring the transfers of money to Alfaro, who operated Primera Energy, Alfaro Oil and Gas and Alfaro Energy.
According to FINRA records, Alfaro was barred from the securities industry in 2012. His San Antonio based broker dealer Pinnacle Partners Financial Corporation was expelled by FINRA in 2012.
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.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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