Violation Tracker Individual Record

Company: 
Heritage Corner, Ltd. And Heritage Funding Group, Inc.
Penalty: 
$310,000
Year: 
2011
Date: 
October 5, 2011
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Heritage Corner, Ltd., Heritage Funding Group, Inc. and one individual were ordered to pay disgorgement of $300,000 for restitution to an investor, plus a $10,000 civil penalty, in a Court Order finding they sold unregistered securities without a licence, made material misrepresentations to an investor, and engaged in acts that operated as a fraud or deceit.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arkansas Securities Department
Civil or Criminal Case: 
civil
Facility State: 
Arkansas
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.