Violation Tracker Individual Record

Company: 
Global Arena Capital Corp.
Penalty: 
$25,000
Year: 
2015
Date: 
July 30, 2015
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

Global Arena Capital Corp. was ordered to pay $25,000 in an Administrative Order judging it violated the Alaska Securities Act with misleading and deceptive sales of unsuitable securities. Its principals were ordered to pay another $125,000.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Alaska Division of Banking and Securities
Civil or Criminal Case: 
civil
Facility State: 
Alaska
Notes: 

Company and 5 principals jointly and severally liable for civil penalty coming to $25,000 each.

Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.