Action against Defendants, an energy company and two of its executives, for alleged offering fraud. According to the SEC, Defendants solicited investor funds based on misrepresentations about the company’s finances and contracts. The SEC also alleges that one Defendant executive sold his stock in the company at the time of the misrepresentations and misappropriated investor funds. Defendant company has agreed to pay disgorgement and prejudgment interest of $6.8 million and a civil penalty of $855,000. Both defendant executives have agreed to pay a civil penalty of $167,500 each and to officer-and-director bars. One Defendant executive has also agreed to pay disgorgement and prejudgment interest exceeding $800,000.