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6/14/2010
Receiver's Update (April 21, 2010)
2009 Forms K-1 have been mailed to all Tri-State investors. 
If you have not received your Form K-1, please contact my office. 
Additionally, on March 10, 2010, Tri-State's interest in the
South Wallace oil well was sold at an auction held by
The Oil & As Asset Clearinghouse. 
Please view the recently filed motion and order regarding this
auction which has b
een posted on this website.

On November 21, 2006, the United States Securities and Exchange Commission filed its complaint against Mercer Capital, Inc., Mercer Capital Management, Inc., Tri-State Energy Group, LLC, Tri-State Energy Group I, Ltd., and Tri-State Energy Group II, Ltd., alleging that these entities along with Robert Flickinger had engaged, and were engaging in, violations of the federal securities laws.  After reviewing the SEC's submission, Judge Donald Middlebrooks of the United States District Court for the Southern District of Florida entered a Temporary Restraining Order, Freezing Assets and Appointing Receiver over Mercer Capital, Inc., Mercer Capital Management, Inc., Tri-State Energy Group, LLC, Tri-State Energy Group I, Ltd., and Tri-State Energy Group II, Ltd.  The Temporary Restraining Order also applies to Defendant Robert Flickinger.  On December 12, 2006, a Preliminary Injunction was entered against the Defendants. 

Pursuant to the Federal Court Order, Daniel S. Newman, Esq. has been appointed Receiver by the Court over Mercer Capital, Inc., Mercer Capital Management, Inc., Tri-State Energy Group, LLC, Tri-State Energy Group I, Ltd., Tri-State Energy Group II, Ltd. and Mercer Asset Management LLC, collectively the "Entities."  By Order dated December 10, 2008, Mercer Asset Management, LLC was removed from the receivership: learn more at free criminal records

This website has been set up by Daniel S. Newman as the Court-appointed Receiver.  The Receiver will update this website on a regular basis to keep investors informed of the progress of the Receivership.  I encourage anyone with questions about the Receivership to contact us.