The financial professional who is chasing down money for energy investor Delta Petroleum Corp. has filed a lawsuit against investment banking firm Macquarie Capital USA Inc. to take back at least $1.1 million in payments for services that, according to the suit, the company did not need, Dow Jones DBR Small Cap reported today. According to the lawsuit filed on Thursday by John Young, Macquarie Capital should return the money and stop trying to draw another $8.7 million worth of "success fees" from transactions that the firm's advisers never helped with. Young was put in charge of recovering money for Delta Petroleum when it emerged from bankruptcy as a partner in a joint-venture group on Aug. 31.
