Violation Tracker Individual Record

Company: 
Impact, Inc. et al.
Penalty: 
$3,238,505
Year: 
2011
Date: 
August 14, 2011
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Impact, Inc. was ordered to pay over $3.2 million in restitution and penalties in judgment of allegations it violated a Cease and Desist Order issued under Idaho's Uniform Securities Act requiring them to make rescission offers to defrauded investors.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Idaho Securities Bureau
Civil or Criminal Case: 
civil
Facility State: 
Idaho
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.