Goldfield Oil Goldfield McKenzie 7 Drilling Fund sued in Clark County District Court.
The securities attorneys at The Law Office of David Liebrader have opened an investigation into the securities related conduct of the Las Vegas based company Goldfield Oil Goldfield Mckenzie 7 Drilling Fund.
The underlying matter concerns the solicitation by Goldfield to invest in their Goldfield McKenzie 7 Drilling Fund through the use of cold calling of prospective investors.
Goldfield Oil and Goldfield McKenzie 7 Drilling Fund are run by Gary W. Bush aka “G.W.” Bush.
Bush and his sales team pitched the Goldfield Oil Goldfield Mckenzie 7 Drilling Fund to an Iowa based Plaintiff based on representations that Goldfield Mckenzie was poised to begin drilling for oil in North Dakota. The Iowa based Plaintiff was lead to believe that Goldfield Oil was an experienced and successful drilling company that had identified a location in the Bakken where oil was literally seeping out of the ground. As proof “G.W.” Bush sent Plaintiff what he represented was oil from the site contained in an empty Crown Royal whiskey bottle.
In reality, neither Goldfield Oil nor Goldfield McKenzie 7 was in control of the site in the Bakken. After numerous delays during which time GW Bush solicited more funds from the Plaintiff, Bush finally acknowledged in June, 2017 that Goldfield Oil Goldfield Mckenzie were only investors in the project, and that Plaintiff’s funds were supposedly stolen by a third party, who was now in bankruptcy.
If you have information that might be helpful, or if you suffered losses investing with Goldfield Oil Goldfield Mckenzie 7 Drilling Fund please call The Law Office of David Liebrader at (702) 380-3131 for a free, confidential consultation to discuss your legal rights and options. Our firm takes cases on a straight contingency fee, with no money up front, and no money owed unless there is a recovery.
There is no charge for an initial consultation, so call (702) 380-3131 today to speak with an experienced securities attorney who will fight to recover your losses.
The Law Office of David Liebrader practices exclusively in the field of investment loss recovery. For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions. During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies. The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.