Violation Tracker Individual Record

Company: 
P-R-E, LLC dba Phoenix Renewable Energy
Penalty: 
$1,804,250
Year: 
2013
Date: 
February 21, 2013
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Phoenix Renewable Energy was ordered to pay $1,550,750 in restitution and a $253,500 civil penalty in a Consent Judgment finding it violated state securities laws.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arkansas Securities Department
Civil or Criminal Case: 
civil
Facility State: 
Arkansas
Facility City: 
Hot Springs
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.