Violation Tracker Individual Record

Company: 
Nato Enterprises, LLC
Penalty: 
$3,625,127
Year: 
2010
Date: 
April 8, 2010
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Nato Enterprises and its controlling individual were ordered to pay $2,910,000 in restitution with $565,127 accrued interest plus a $150,000 administrative penalty in an Order finding they fraudulently 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.