Administrative Actions & Decision — B

Respondents OAH Decision Decision's Effective Date Law Description
Mac Beam, Inc. Bia Mac, Anhdao Theresa Quach 2015071124 8/04/2016 Corporate Securities Law of 1968 Vacated order to desist and refrain from violating Corporations Code sections 25110 (offer or sale of unqualified securities) and 25401 (misrepresentations in the offer or sale of securities).
Baro, Goldbert Constenoble, aka Baro, Cecilio, aka Baro, Cecil, aka Baro, Bert N2004050227 N2004050227 - Amended Decision 02/04/05 09/08/06 Corporate Securities Law

Rejection of Proposed Decision by Administrative Law Judge and request for further briefing on issues of whether an amended Desist and Refrain Order is required, whether restitution should be reduced by amounts paid, whether an award of interest is appropriate.

Order to desist and refrain from offering and selling unqualified securities pursuant to Corporations Code Section 25532 of the Corporate Securities Law of 1968. Initial Decision awarded costs and ancillary relief. After writ, Amended Decision only upheld Desist and Refrain Order.

Click here to view the Desist and Refrain Order issued.

Berez, Steven M. 2008100191 06/16/09 Corporate Securities Law of 1968 Order to desist and refrain from violating Corporations Code section 25110 (offer or sales of unqualified securities). See Desist & Refrain
Benchmark Financial Services, Inc., and Steven Arthur Scott, dba Benchmark Financial Services L2006090112 05/24/07 Corporate Securities Law Rejection of Proposed Decision by Administrative Law Judge and request for reconsideration of whether the investment adviser application should be denied and whether Steven Arthur Scott should be barred from any position of employment, management or control of an investment adviser, broker-dealer, or commodity adviser.
Benchmark Financial Services, Inc., and Steven Arthur Scott, dba Benchmark Financial Services L2006090112 07/16/07 Corporate Securities Law Decision by Settlement to deny Benchmark Financial Services, Inc.'s application for an investment adviser certificate and an indefinite bar of Steven Arthur Scott from any position of employment, management or control of an investment adviser, broker-dealer or commodity adviser.
Bhang, Elijah aka Bang, Elijah 2009061346 11/19/09 Corporate Securities Law of 1968 Order to desist and refrain from violating Corporations Code sections 25110 (offer or sale of unqualified securities), 25532 (Unlicensed BD/IA activity), and 25401 (omission and misrepresentation of material facts in connection with the offer or sale of securities).
BigCo-op, Inc. L2007070313 02/07/08 Corporate Securities Law of 1968 Order for James Albert Sweeney II and BigCo-op, Inc. to desist and refrain from offering and selling unqualified securities, and making misrepresentations in the offer or sale of securities in violations of Corporations Code Sections 25110 and 25401.
Binder, Barry C. L2003010683 04/09/03 Escrow Law Order to bar from any position of employment, management or control of any escrow agent pursuant to California Financial Code section 17423 of the Escrow Law.
Bondy, Ivan, Why Weight Women's Total Fitness, Inc., and Mark Haining L2004080086 01/04/06 Franchise Investment Law Order to desist and refrain from offering and selling unregistered franchises.
Boone Dome Joint Venture; Franklin, Jim L2001070345 11/07/01 Corporate Securities Law of 1968 Order to desist and refrain from the solicitation and sale of a fractional partnership unit pursuant to the Corporations Code section 25532 of the Corporate Securities Law of 1968.
Boschetti, Michael J. L2003080285 02/25/04 Corporate Securities Law of 1968 Order dismissing the order to desist and refrain from effecting a transaction in a security as a broker-dealer or offering and selling any security through communication involving an untrue statement of material fact pursuant to California Corporations Code section 25532 of the Corporate Securities Law of 1968.
Barrios, Xavier O. 2013010048 08/11/13 Corporate Securities Law of 1968 Order to desist and refrain from the further offer or sale of securities in the State of California, including but not limited to, interests in limited liability companies and investment contracts, in violation of section 25110 (securities offered or sold without being qualified or exempt) and section 25401 (misrepresentation or omission of a material fact) of the Corporate Securities Law of 1968
Briggs & Baker L2002100664 11/12/03 Check Sellers, Bill Payers and Proraters Law Order to desist and refrain from acting as a prorater and check seller without a valid License from the Commissioner pursuant to California Financial Code section 12103 of the Check Sellers, Bill Payers and Proraters Law.
Brookstone Bioventures, LP and Brookstone Bioventures II. LP. L2007070907 8/21/08 Corporate Securities Law of 1968 Order to desist and refrain from violating Corporations Code sections 25110 (offer or sale of unqualified securities) and 25401 (omission and misrepresentation of material facts in connection with the offer or sale of securities). (See also Desist & Refrain Order)
Brookstone Capital, Inc. L2007070907 8/21/08 Corporate Securities Law of 1968 Order to desist and refrain from violating Corporations Code sections 25110 (offer or sale of unqualified securities) and 25401 (omission and misrepresentation of material facts in connection with the offer or sale of securities). (See also Desist & Refrain Order)
Brown Group of California, LLC (The) 2011031541 05/31/11 California Finance Lenders Law and California Residential Mortgage Lenders Act Order to desist and refrain from violating Financial Code section 22100 [engaging in business of a finance lender or broker without a license] and Financial Code section 50002(a) [engaging in business of making or servicing residential mortgage loans without a license] issued by California Department of Corporation on January 26, 2011, is affirmed.
Brown, Anthony Wayne 2011031541 05/31/11 California Finance Lenders Law and California Residential Mortgage Lenders Act Order to desist and refrain from violating Financial Code section 22100 [engaging in business of a finance lender or broker without a license] and Financial Code section 50002(a) [engaging in business of making or servicing residential mortgage loans without a license] issued by California Department of Corporation on January 26, 2011, is affirmed.
Brown, Suzy and Casa Simpatica, LLC L2005050447 12/22/05 Corporate Securities Law of 1968 Order to rescind the desist and refrain order issued under Corporations Code section 25532.
Builders Control Service Co., Joseph E. Cochran 2014020568 5/31/14 Escrow Law Order to revoke Respondent’s escrow agent license, and to bar Joseph E. Cochran from any position of employment, management, or control of any escrow agent, in violation of Financial Code section 17414, subdivision (a)(1) (knowing or reckless disbursal of escrow funds otherwise than in accordance with escrow instructions, or knowing or reckless direction, or participation in, any activity which constitutes theft or fraud in connection with any escrow transaction), California Code of Regulations, Title 10, section 1738 (money deposited in a “trust” or “escrow” account withdrawn not in accordance with written instruction of the principals to the escrow transaction), section 1738.1 (transfer of moneys from any particular escrow account in excess of the amount to credit of such account at the time of such transfer), and section 1738.2 (use of documents or other property deposited in escrow not in accordance with written instructions of the principals to the escrow transaction, or not in accordance with sound escrow practice, or pursuant to an order of a court of competent jurisdiction).
Burchell, Jacqueline 2012080549 11/26/12 Escrow Law Order to bar Respondent from any position of employment, management, or control of any escrow agent pursuant to Financial Code sections 17404, 17414, subdivisions (a)(1) and (a)(2), and 17420, and California Code of Regulations sections 1738, 1738.2, and 1741.3.