Violation Tracker Individual Record
Company:
Innovative Construction, Inc. and Atlantic Lexus, Ltd.
Penalty:
$524,754
Year:
2013
Date:
February 6, 2013
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
Innovative Construction, Inc., Atlantic Lexus, Ltd., and their controlling individual agreed to pay $400,000 in restitution, with $74,754 accrued interest, plus a $50,000 administrative penalty in settlement of allegations they 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 of Data:
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.
