Violation Tracker Individual Record

Company: 
Barron Thomas Scottsdale, L.L.C. et al.
Penalty: 
$10,051,294
Year: 
2010
Date: 
November 8, 2010
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Barron Thomas Scottsdale L.L.C., Barron Thomas Aviation, Inc., Barron Thomas Aviation Holdings, Inc., Barron Thomas Southwest, Inc. and their controlling individual agreed to jointly and severally pay a total of $9,901,294 restitution and a $150,000 administrative penalty in settlement of allegations they fraudulently sold unregistered securities in the state while not 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.