Violation Tracker Individual Record

Company: 
Woodbury Financial Services, Inc.
Current Parent Company: 
Reverence Capital Partners
Penalty: 
$250,000
Year: 
2009
Date: 
May 21, 2009
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

Woodbury agreed to pay a $250,000 administrative penalty in settlement of allegations it failed to supervise two of its agents who engaged in fraudulent activities.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arizona Corporation Commission
Civil or Criminal Case: 
civil
Facility State: 
Arizona
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
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.