U.S. District Court for the Southern District of Texas has issued a permanent injunction against Texas resident Richard Hale and Texas-based Allegheny Gulf Investments Inc. that prohibits them from, among other things, controlling or directing any commodity futures or options trading accounts. The defendants also were ordered to pay a $440,000 fine for violations related to trading natural gas futures.
Articles from Injunction
The Justice Department has said it will go court to seek civilpenalties and an injunction against Williams’ Transcontinental GasPipe Line Co. unless the two sides can reach an agreement overalleged violations involving seepage of polychlorinated biphenylcontaminants along the pipeline’s route.
The Justice Department has said it intends to go to court toseek civil penalties and an injunction against Williams’Transcontinental Gas Pipe Line Co. unless the two sides can reachan agreement over alleged violations involving polychlorinatedbiphenyl contamination (BCP).