The U.S. Securities and Exchange Commission Friday accused two Texas lawyers of furthering a multimillion-dollar scheme to cheat small business owners.
The SEC filed suit in the Southern District against Jay Mac Rust, a Stephenville, Texas-based lawyer who also owns the litigious patent holder MPHJ Technology Investments LLC, and Christopher Brenner, a onetime Fulbright & Jaworski and Bracewell lawyer now at Houston’s Martin, Disiere, Jefferson & Wisdom.
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