Business ProfileforThe Financial Group, LLC
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On August 22, 2022, The Financial Group LLC and Patrick Jon Runninger entered into a Decision and Order with the Arizona Corporation Commission. The Opinion and Order settles allegations that the business is in violation of state law prohibiting offer or sale of unregistered securities; offering or selling securities within or from Arizona while not registered as dealers or salesmen; fraud in connection with the offer or sale of securities. Under terms of the Opinion and Order, the business agreed to make restitution in the amount of $3,606,451.35, pay administrative penalties in the amount of $100,000 for multiple violations of the Securities Act.
This action is final.
At-a-glance
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Business Details
- Location of This Business
- 15817 S 31st Way, Phoenix, AZ 85048-7770
- BBB File Opened:
- 1/17/2020
- Years in Business:
- 16
- Business Started:
- 2/25/2008
- Business Incorporated:
- 2/25/2008
- Type of Entity:
- Limited Liability Company (LLC)
- Business Management
- Mr. Patrick Runninger, Owner
- Contact Information
Principal
- Mr. Patrick Runninger, Owner
Customer Contact
- Mr. Patrick Runninger, Owner
Customer Complaints
0 Customer Complaints
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