Aegis Oil, LLC and its President and CEO Patrick Reagan Beason

New Orleans stockbroker fraud attorney

Aegis Oil, LLC and its President and CEO Patrick Reagan Beason Allegedly Defrauded Investors in Oil and Gas Projects Managed by Aegis

Aegis Oil, LLC and its President and CEO Patrick Reagan Beason allegedly defrauded investors in Oil and Gas Projects managed by Aegis, according to SEC Documents currently under review by attorneys Alan Rosca and James Booker.

Aegis and Beason, from at least October 2010 through October 2015, allegedly raised approximately $35million from roughly 250 investors nationwide involving a group of unregistered offerings in 15 oil and gas projects.

The Peiffer Rosca Wolf securities lawyers are currently investigating Aegis Oil, LLC and its President and CEO Patrick Reagan Beason’s alleged oil and gas fraud.

Aegis Oil, LLC and Patrick Reagan Beason Allegedly Made Oral Omissions and Material Misrepresentations Concerning the Use of Investor Proceeds

Aegis and Beason allegedly made oral omissions and material misrepresentations in written offering materials regarding the use of investor proceeds, the projected oil production and income from the investment, according to FINRA Documents currently under review by attorneys Alan Rosca and James Booker.

Aegis also allegedly used an independent group of sales agents to solicit potential investors, according to an SEC Complaint.

What is more, said Complaint reports, Aegis also allegedly paid commissions as high as 35% of investor funds to the aforementioned sales agents.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged oil and gas schemes and are currently investigating Aegis Oil, LLC and Patrick Reagan Beason’s alleged oil and gas investment fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Aegis Oil, LLC and Patrick Reagan Beason’s alleged oil and gas investment fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1157 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.