On August 25, 2008, Quest announced that it had discovered questionable transfers of company funds, totaling at least $10 million, to an entity controlled by Mr. Cash.  Following the discovery of these transfers, Mr. Cash resigned as the Chairman and CEO.  Quest also disclosed that the Company has constituted a Special Committee to investigate the matter. The Oklahoma Department of Securities has instituted proceedings against Mr. Cash related to these payments.  Consequently, the stock price of Quest Resource Corporation (Nasdaq: QRCP) fell sharply on extraordinary volume.

As a result of these adverse disclosures, the Rosen Law Firm has filed a securities class action against Quest for violation of federal and state securities laws.

To participate in the class action suit, please click on the link to the right of this page.