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Violation Tracker Individual Record

Company: Allegis Investment Advisors, LLC
Penalty: $755,246
Year: 2017
Date: May 22, 2017
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Allegis Investment Advisors agreed to pay $755,246 in compensation to investors who lost money from a stock market index in settlement of allegations it recommended the investment to unsuitable customers, with a $200,000 civil penalty suspended on condition of restitution.
Level of Government: state
Action Type: agency action
Agency: Idaho Securities Bureau
Civil or Criminal Case: civil
Facility State: Idaho
Facility City: Idaho Falls
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.