Violation Tracker Individual Record

Company: 
A.L. Russell & Associates LLC and Re-Star LLC and Re-Star Holdings LLC
Penalty: 
$2,016,570
Year: 
2012
Date: 
October 16, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

A.L. Russell & Associates LLC, Re-Star LLC, Re-Star Holdings LLC and their controlling individual were ordered to pay a total of $1,866,570 restitution and $150,000 administrative penalty in an Order finding that A.L. Russell & Associates acted as an investment adviser without a license and acted deceptively, and Re-Star and Re-Star Holdings fraudulently sold unregistered securities in the state without being registered as dealers.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arizona Corporation Commission
Civil or Criminal Case: 
civil
Facility State: 
Arizona
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.