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Former Oban chair accused of misappropriating investor funds

The US Securities and Exchange Commission has accused Peter Krieger, the former non-executive chairman of Florida-based Oban Energies, of misappropriating $5.2 million of Oban investor funds between 2017 and 2020. The SEC charged Krieger with four counts of violating the Securities Exchange Act. In a court document filed in Florida last week, the SEC said,

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Labor & Employment — REDA – Complaints to Supervisors – Retaliation Complaint – Employer

Plaintiff’s complaints about safety concerns were made only to his supervisors; his complaints to the human resources department and to the U.S. Department of Labor were that he had been retaliated against for complaining to management about unsafe conditions and for refusing to perform an unsafe task. Under Pierce v. Atlantic Group, Inc., 219 N.C. ...

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