Quantum Energy, LLC (“Quantum”) and Quaneco, LLC (“Quaneco”) investors have retained the Peiffer Wolf Carr & Kane lawyers, together with their colleagues at the Hudson Mallaney law firm, to assist in recovering their investments. The Peiffer Wolf Carr & Kane securities attorneys and their colleagues are preparing to take action on behalf of investors who were victims of the alleged investment fraud perpetrated by Harrison Schumacher (“Schumacher”), Quantum, and Quaneco.

Quantum, Quaneco, and Schumacher fraudulently raised over $12 million from investors, according to a complaint filed by the Securities and Exchange Commission (“SEC”). Schumacher and Quantum diverted investor funds to cover undisclosed overhead expenses and Schumacher’s compensation instead of using the funds for the intended purpose of exploration and development of oil and gas resources, according to the SEC’s complaint.

Recently, Peiffer Wolf Carr & Kane attorney Jason Kane, and his co-counsel at the Hudson Mallaney law firm, Bart Goplerud, met with Quantum and Quaneco investors in California to review their recovery options. Another meeting with investors is scheduled for October 16, 2015 at 9:00 am in Idaho Falls, Idaho. Investors interested in attending may contact the Peiffer Wolf Carr & Kane law firm for more information about the meeting, including the meeting location.

The Peiffer Wolf Carr & Kane and Hudson Mallaney lawyers plan to take actions against third parties that, they believe, assisted the Quantum/Quaneco programs and may be held liable to some of the investors.  The two law firms plan to take this case on a contingency fee basis, and only get paid for their time and expenses if and when they recover money for their clients.

Investors in the alleged scheme perpetrated by Quantum, Quaneco, and Schumacher who wish to obtain additional information about the investigation, have information they would like to share with the two law firms, or would like to discuss this matter may contact Jason Kane or James Booker toll free at 216-589-9280 or by email at jbooker@pwcklegal.com, or by filling out the contact form on our website, www.quantumenergyinvestors.com.