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Houston Energy Co. Wins $8.5M In Ex-Employee Fraud Dispute

January 29, 2015

A Texas jury awarded Houston-based Smith Energy Co. $8.5 million on Monday, finding that a former employee committed fraud and theft in connection with oil and gas leases in several counties in West Texas.

A Judicial District Court jury in Terry County ruled that Mark P. Hardwick, hired by Smith Energy to conduct “landman” services for the company, breached his fiduciary duty and committed fraud and theft by charging the company for work not done, double-billing for services and improperly obtaining leases he was not authorized to obtain.

A story by Law 360 quotes Rusty Hardin & Associates partner Ryan Higgins saying “We are obviously happy with the jury verdict and the judgment entered by the trial court judge. There is a finding of breach of fiduciary duty, fraud and civil theft as well as other findings that are important to Smith Energy now and going forward.”.

Read more here with Law 360 subscription

 

 

NEWS

  • Rusty Hardin Ranked Top Tier in Texas by Chambers USA in Commercial Litigation, White-Collar Defense & Noted As One of Nation’s Top Trial Lawyers

    May 8, 2018read more
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    March 6, 2018read more
  • Ryan Higgins Quoted in Law360 for Defense Win over Facebook Posts

    March 5, 2018read more

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