Violation Tracker Individual Record

Company: 
Visionary Group Holdings, Inc.
Penalty: 
$1,285,750
Year: 
2011
Date: 
May 24, 2011
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Visionary Group Holdings and an individual were ordered to pay $410,750 in restitution and $875,000 in civil penalties to resolve allegations it deceptively sold unqualified securities and violated a Desist and Refrain Order.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Financial Protection and Innovation
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.