Ryan Gilbertson, Michael Reger and Dakota Plains Holdings – Stock Manipulation Scheme

New Orleans stockbroker fraud attorney

New Orleans stockbroker fraud attorney

Ryan Gilbertson and Michael Reger Allegedly Orchestrated a Stock Manipulation Scheme and Entered into an Agreement to Borrow Money under Favorable Terms which Delivered Bonus Packages to Themselves

Gilbertson and Reger allegedly hired one of their friends as CEO of Dakota Plains Holding, and also took part in lending agreements which provided favorable terms including bonus payments to Gilbertson and Reger, according to SEC documents being analyzed by attorneys Alan Rosca and James Booker.

What is more, Gilbertson allegedly took on friends and acquaintances such as Douglas Hoskins and Thomas Howells to orchestrate deep sales and purchases of Dakota Plains stock which purportedly shot the stock price from $.30 to more than $11 during a 20-day period, the SEC also reports.

As a result, the allegedly over-extended stock price caused Dakota Plains to shell out $32 million in bonus payments to Gilbertson, Reger, and others, the SEC notes.

Ryan Gilbertson Allegedly Ran an Intricate Scheme to Siphon Funds from Dakota Plains Holdings, an Oil-shipping Rail Facility in North Dakota

Ryan Gilbertson and Michael Reger allegedly took part in an intricate scheme to siphon millions of dollars from Dakota Plains Holding, a Minnesota-based energy company, according to SEC Documents currently under review by attorneys Alan Rosca and James Booker.

Gilbertson and Reger allegedly put their fathers in charge of the company as mere token executives in order to gain control of the company and issue millions of shares of company stock to friends, family, and their own persons, the SEC also reports.

The Peiffer Rosca Wolf securities lawyers are investigating Ryan Gilbertson and Michael Reger’s alleged financial scheme.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investment fraud and are currently investigating Ryan Gilbertson and Michael Reger’s alleged participation in a stock manipulation 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 Ryan Gilbertson and Michael Reger’s alleged participation in a stock manipulation scheme 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 (1180 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.