A League City man on Tuesday pleaded guilty for his role in a $40 million securities fraud conspiracy involving a Houston energy company, federal officials said.

John David Brotherton, 59, of League City, pleaded guilty in the U.S. District Court for the Southern District of Texas to one count of conspiracy to commit wire fraud, the last of seven charged in the conspiracy to be convicted, said Angela Dodge, spokeswoman for the U.S. Attorney’s Office.

Matt deGrood: 409-683-5230; matt.degrood@galvnews.com

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