UPDATE FEBRUARY 2017-Fortenberry sentenced to 78 months in prison. Follow this link to Department of Justice news release for more details on his sentencing.
November 2016, San Angelo, Texas
The U.S. Department of Justice announced that Stanley Jonathan Fortenberry, 50, of San Angelo, TX, pleaded guilty to fraud and obstruction of justice charges in connection with two investment companies he ran causing his victim losses of $900,000.
Fortenberry admitted running two companies Premier Investment Fund and Wattenberg Energy Partners that fraudulently obtained funds from money from investors.
Two others, Peter Szondy, 70, and Stanley S. Fortenberry, 24, also pleaded guilty to committing fraud.
Link to US Department of Justice press release.
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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