Violation Tracker Individual Record

Company: 
Phydea Equity Fund, LLC
Penalty: 
$890,000
Year: 
2008
Date: 
March 7, 2008
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Phydea and one individual were ordered to pay a $890,000 civil penalty (reduced by any restitution paid in a criminal case) in an Order finding they fraudulently sold unregistered securities in the state without being registered as a broker-dealer or agent.

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