Chief Financial Officer

We achieved a complete victory in an alleged securities fraud case brought by the SEC’s trial unit against our client Thomas C. Tekulve, Jr., the former CFO of Basin Water, Inc. Following an eight-day bench trial, US District Judge Manuel L. Real in the Central District of California rejected every claim in the SEC’s 57-page, seven-count civil complaint against Tekulve and Basin’s former CEO, Peter Jensen, finding that “[t]he SEC has not carried its burden of proof with respect to any of the causes of action.” O’Melveny represented Tekulve from the earliest stages of the SEC’s investigation.