Recently, Texas E&P Partners Inc. aka Chestnut Exploration Partners and Mark Allan Plummer were barred from the industry. Plummer was also ordered to pay $513,961, plus interest in restitution to customers. Plummer allegedly misused customer funds by misusing the portion of a completion assessment for prospective oil and gas well investments attributable to a prospective well. Plummer did not use the funds pertaining to the well for that purpose. The firm also allegedly produced an altered document regarding prospective oil and gas investments to the Financial Industry Regulatory Authority (FINRA) during its investigation, and Plummer gave false and misleading testimony. These are all against securities laws. If you invested money with Mr. Plummer, you may be able to recover those losses by calling our Chicago-based law firm at 312-332-4200 and speaking to an attorney. The call is free with no obligation.
Plummer was registered with Chestnut Exploration Partners in Richardson, Texas from October 2003 until December 2014. He has five customer disputes against him, three of which are pending. He has been permanently barred from the industry.
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