Delta Petroleum Newswire

Delta Petroleum Newswire

Comprehensive Real-Time News Feed for Delta Petroleum.

Results 1 - 6 of 6 in Delta Petroleum

  1. SEC Suffers Loss in Insider Trading CaseRead the original story w/Photo

    Dec 12, 2017 | JD Supra

    The SEC lost an insider trading case last week against the CEO of Delta Petroleum, Roger Parker. SEC v.

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  2. Oilman Roger Parker beats SEC allegations of insider trading at second trialRead the original story w/Photo

    Dec 11, 2017 | Denver Post

    Delta Petroleum's former chairman and CEO Roger Parker, photographed in the boardroom of the downtown Denver office on March 5, 2008. A federal civil jury in Denver has sided with fallen oilman Roger Parker and his five-year battle against securities-fraud allegations that he tipped buddies about a lucrative deal he was about to land with late-billionaire Kirk Kirkorian in 2007.

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  3. Feds try again to prove insider trading by oilman in case touching Denver eliteRead the original story w/Photo

    Nov 27, 2017 | Denver Post

    Federal securities authorities will take a second run at trying to prove to a Denver jury that one-time oil executive Roger Parker a decade ago leaked insider information to his buddies so they could profit from it. Delta Petroleum's former chairman and CEO Roger Parker, photographed in the boardroom of the downtown Denver office on March 5, 2008.

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  4. Mistrial declared in SEC case against Denver oilman Roger ParkerRead the original story w/Photo

    Sep 11, 2017 | Denver Post

    ... late November. It's unclear whether the SEC intends to continue its pursuit of the 56-year-old former CEO of Delta Petroleum. The SEC has said Parker illegally tipped former insurance executive Michael Van Gilder and investment broker Scott Reiman ...

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  5. Federal jury gets insider trading case against former Colorado oilman Roger ParkerRead the original story w/Photo

    Aug 31, 2017 | Canon City Daily Record Newspaper

    A federal jury began deliberations Thursday on whether former Colorado oilman Roger Parker committed illegal insider trading a decade ago when he told two of his closest friends that billionaire Kirk Kerkorian was about to buy a huge stake in Parker's company. The U.S. Securities and Exchange Commission sued Parker in 2012, alleging he and buddies Michael Van Gilder and Scott Reiman illegally profited years earlier on the insider information that Kerkorian's Tracinda Corp. was putting up $684 million for a 35-percent stake in Denver-based Delta Petroleum.

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  6. Denver oilman's buddies "betrayed" him by trading on insider info about Kerkorian investmentRead the original story w/Photo

    Aug 22, 2017 | Denver Post

    Former oilman Roger Parker was accustomed to telling his closest associates about what was going on in his business world at Delta Petroleum, including that one of the richest men in the world was interested in investing. What Parker, 55, hadn't expected was that those friends - former insurance executive Michael Van Gilder and investment guru Scott Reiman - would take that tidbit about an investment by Kirk Kerkorian and his company, Tracinda Corp., and turn it into about $1.5 million in stock profits, Parker's attorney told a federal court jury Tuesday.

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