Donald Watkins & Watkins Pencor LLC and Masada Resource Group LLC — Investment Fraud Charges Regarding Waste-to-Energy Ventures

California stockbroker fraud attorneyDonald Watkins, a Well-known Alabama Attorney, Allegedly Defrauded Professional Athletes and Assorted Investors Claiming to Use Funds to Foster Waste-to-Energy Ventures

Donald Watkins and his Watkins Pencor LLC and Masada Resource Group LLC allegedly orchestrated a multi-million dollar investment luring pro athletes and other investors to put their hard-earned cash to foster purported waste-to-energy ventures, according to recent SEC Documents currently under review by attorneys Alan Rosca and James Booker.

Watkins, rather than investing in new green technology, used a majority of investor money on personal expenses such as alimony and gifts for his girlfriend, the aforementioned SEC Documents report.

The Peiffer Rosca Wolf securities lawyers are currently investigating Donald Watkins and Watkins Pencor LLC and Masada Resource Group LLC’s alleged waste-to-energy venture investment scheme.

Donald Watkins and his Watkins Pencor LLC and Masada Resource Group LLC Allegedly Claimed Waste Management Inc., Was Allegedly in the Works to acquire Watkins Pencor, Masada, and its Affiliated Companies in a Multi-billion-dollar Transaction

Donald Watkins and his Watkins Pencor LLC and Masada Resource Group LLC allegedly told investors that Waste Management Inc. was allegedly in the works to acquire Watkins Pencor, Masada, and its affiliated companies in an enormous multi-billion-dollar transaction, according to the aforementioned SEC Documents currently under review by attorneys Alan Rosca and James Booker.

In reality, the SEC alleges, Waste Management’s alleged “interest” in Masada never went past a short initial meeting in August 2012, which was purportedly over a year after Watkins started telling investors that they were still negotiating terms of the deal and that the acquisition was on the near horizon.

As a result of the aforementioned behavior, the SEC charged Watkins with violations of provisions of antifraud and federal securities laws and a related SEC antifraud rule, and hence the SEC is seeking permanent injunctions, penalties and return of allegedly ill-gotten gains with prejudgment interest, SEC Documents report.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investment schemes and are currently investigating Donald Watkins and Watkins Pencor LLC and Masada Resource Group LLC’s alleged waste-to-energy venture investment scheme. 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 Donald Watkins and Watkins Pencor LLC and Masada Resource Group LLC’s alleged waste-to-energy venture investment scheme may contact the securities lawyers of Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1163 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.