Shareholder Lawsuit in Texas Court DC-12-06318, Dallas District
Everyone should be well aware that there are numerous undisclosed lawsuits involving Sun River Energy that the management of the company has chosen not to disclose to the investing public.
One of the most significant is a derivative shareholder suit in the Texas State Court, Dallas District. The case number is DC-12-06318. The court filings are available online through the Texas public records system at the following: http://courtecom.dallascounty.org/pav
Everyone who has ever thought about buying shares of Sun River, or has traded shares of Sun River should take a look at the court filings. Read Amended Complaint filed by Colin Richardson on November 12th, 2012 and see what they claim the management of the company has really been up to.
According to the complaint, and Sun River's own SEC filings, the management of Sun River has mortgaged Sun River's only asset to themselves for back salaries at a fraction of its true value.
There is more, this lawsuit alleges self dealing, misrepresentation of material information, and financial mismanagement. This is just the tip of the iceberg as to what has been going on at the company.
If you have lost money in Sun River or received any promotional material suggesting you buy shares of Sun River you should contact Fort Worth office of the SEC, which has been investigating Sun River. The regional director is David Woodcock, the telephone # is 817-978-3821