Violation Tracker Individual Record

Company: 
Synergy Oil, LLC
Penalty: 
$20,400,047
Year: 
2014
Date: 
June 24, 2014
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Synergy Oil and an individual were ordered to jointly and severally pay $13,775,047 in restitution and $6,625,000 in civil penalties to resolve allegations it deceptively sold unqualified securities in the state.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Business Oversight
Civil or Criminal Case: 
civil
Facility State: 
California
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.