Violation Tracker Individual Record

Company: 
Marchant International Resources, Inc.
Penalty: 
$1,841,513
Year: 
2016
Date: 
November 21, 2016
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Marchant International Resources, Inc. was ordered to pay $1,352,144 restitution with $339,369 accrued interest, plus a $150,000 civil penalty in an Order finding that it deceptively sold unregistered securities in the state without being licensed.

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.