Violation Tracker Individual Record

Company: 
Strudwick & Associates, Inc.
Penalty: 
$1,000,000
Year: 
2020
Date: 
August 10, 2020
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Four companies agreed to pay civil penalties in settlement of charges they violated the Securities Act by selling unregistered securities, misleading clients, acting as unregistered broker-dealers or agents, giving misleading reports to the Division, and other administrative violations. Strudwick & Associates agreed to set up a trust fund of liquidated assets for restitution and funds distributed from the trust to creditors would reduce the civil penalty assessed against each company.

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.