On Wednesday, Reagor-Dykes filed a document claiming that Vista Bank President John Steinmetz was helping former Reagor-Dykes CFO Shane Smith with fraud.
The United States Trustee Program, a component of the US Department of Justice, has asked a judge to convert the Reagor-Dykes bankruptcy case from reorganization to liquidation.
When asked if he thinks that ERCOT will be a reliable source of power for Lubbock, Randy said that power outages are always to be expected, especially when it gets hot, but that he does believe it will be a reliable source.
Shane Smith, former Chief Financial Officer of Reagor-Dykes, accepted a plea deal Tuesday afternoon after being charged with conspiracy to commit wire fraud by prosecutors in Amarillo.