Sichenzia Ross Friedman Ference LLP Advises Pegasi Energy Resources Corp. on $1.85M PIPE

pegasi energy

New York, NY – April 8, 2015 – New York-based securities and corporate law firm Sichenzia Ross Friedman Ference LLP announced that the firm has advised Pegasi Energy Resources Corporation, an energy company engaged in the exploration, development and production of oil and natural gas, in connection with a private placement of $1,875,000 of senior secured convertible notes and warrants to purchase an aggregate of 15,635,005 shares of common stock.  The private placement had two closings in January 2015 and one in March 2015.

The Sichenzia Ross Friedman Ference team was led by Partners Marc J. Ross and James M. Turner.

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Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry.  In addition to handling routine to complex commercial matters, SRF’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations.  The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation.  Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies.  The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA).  These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct.  Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records.  The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.

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