Endexx Corp (EDXC)

[neverenough44]

It wouldn't be the first time that Todd was sued...

Initiated ByUTAH DIVISION OF SECURITIES
AllegationsCHURNING, UNSUITABLE RECOMMENDATIONS, UNAUTHORIZED TRADING, UNAUTHORIZED USE OF DISCRETION, ENGAGING IN A SCHEME WITH OTHERS TO MANIPULATE THE PRICE AND VOLUME OF PUBLICLY TRADED SECURITIES, TRADING ON INSIDER INFORMATION, EMPLOYING A SCHEME TO DEFRAUD, OMITTING MATERIAL FACTS IN THE OFFER OF SALE OF A SECURITY, ARRANGING FOR THE PURCHASE AND SALE OF SECURITIES BETWEEN CLIENTS' ACCOUNTS AT A PRICE BELOW THE CURRENT MARKET, SELLING AWAY, UNDISCLOSED OUTSIDE BUSINESS ACTIVITY
ResolutionStipulation and Consent
SanctionsMonetary/Fine
Amount
$50,000.00
SanctionsRevocation/Expulsion/Denial
SanctionsBar
Sanction DetailsFINE OF $50,000 PAYABLE IN $10,000 INSTALLMENTS ANNUALLY; RESTITUTION OF $10,000 WITHIN ONE YEAR OF THIS ORDER; BARRED FROM ASSOCIATING WITH A BROKER-DEALER OR INVESTMENT ADVISER LICENSED IN UTAH; BARRED FROM ACTING AS A PROMOTER, FOUNDER, OWNER, OFFICER, DIRECTOR, CONSULTANT OR PARTNER OF ANY UTAH DOMESTIC PUBLIC COMPANY OR ISSUER WITH ITS PRINCIPAL PLACE OF BUSINESS IN UTAH THAT HAS ANY CLASS OF ITS SECURITIES REGISTERED BY THE DIVISION; BARRED FROM EVER ENGAGING IN SECURITIES BUSINESS IN UTAH.