Violation Tracker Individual Record
Company:
Legacy Financial Advisors, LLC
Penalty:
$390,806
Year:
2014
Date:
December 18, 2014
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
Legacy Financial Advisors and its controlling individual were ordered to pay $340,806 in restitution and a $50,000 administrative penalty in an Order find the company used an unlicensed investment advisor and committed fraud against clients.
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.
