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The Securities and Exchange Commission filed a lawsuit against JBH Consulting Group in Liberty and CEO Brian Hudnall, accusing them of securities fraud related to investments in oil and gas ventures in Kansas and Texas.
The SEC accuses the company of selling about $16 million worth of unregistered securities without having license or using a registered broker. The SEC also accused JBH of making numerous false and misleading statements or omissions of fact in the offering documents used to solicit…