Violation Tracker Individual Record

Company: 
MAG T, Inc.
Penalty: 
$2,370,455
Year: 
2012
Date: 
February 24, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

MAG T, Inc. and its controlling individual agreed to pay $2.29 million in restitution and a $75,000 administrative penalty settling an Order finding they deceptively 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.