Administrative Decisions — T

Respondents OAH Decision Decision's Effective Date Law Description
T3 CBM
Development.
L2007120338 7/30/2008 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 misrepresentatins of material facts).
Tannenbaum, Gregory L2002050206 11/12/02 Escrow Law Order to suspend from acting as an escrow assistant or in any other position of employment, management or control with an escrow agent pursuant to California Financial Code section 17423 of the Escrow Law.
Taylor, Brandon N2006010920 07/20/06 Corporate Securities Law of 1968 Order to desist and refrain from offering and selling unqualified securities pursuant to Corporations Code Section 25532 of the Corporate Securities Law of 1968.
TC Rebate Services, Inc. and Slaieh, Nabeel L2007040649 10/26/07 California Finance Lenders Law Order to desist and refrain from making loans without a Finance lender’s License.
Terra Vista Financial Planners L20070700296 10/16/07 Corporate Securities Law of 1968

Order to deny the application of Mitchell M. Maynard, dba Terra Vista Financial Planners, for an investment adviser certificate.

Order to bar respondents Mitchell M. Maynard and Dorice A. Maynard from any position of employment, management, or control of any investment adviser, broker-dealer, or commodity adviser.

The Avcorp Group and Avila, Raul L2004090416
08/03/05 Corporate Securities Law of 1968 Order to desist and refrain from selling unqualified securities and making material misrepresentations, pursuant to Corporations Code sections 25110 and 25401 of the Corporate Securities Law of 1968.
The Pennington Alexander Group, Inc. 2010090547 09/11/2013 Corporate Securities Law of 1968 Order to desist and refrain from offering or selling or buying or offering to buy any security in the State of California, in violation of section 25110 (securities offered and sold without being qualified or exempt) and section 25401 (misrepresentation or omission of a material fact) of the Corporate Securities Law of 1968
Thompson, Steven G. 2009061109 04/07/10 Corporate Securities Law of 1968 Order upheld to desist and refrain from violating Corporations Code section 25110 (offer or sale of unqualified securities) and violating Corporations Code section 25401 (omission of material facts in connection with the offer or sale of securities). (See all actions)
TIGS Enterprises, LLC 2009050040 11/19/09 California Deferred Deposit Transaction Law Order to desist and refrain from violating Financial Code section 23036(b) (prohibited extension fees); order to pay $7,500 to the Commissioner (administrative penalty); and $2,880 to consumers (illegally-charged extension fees).
Town Bancorp Funding

L2004040768
L2004040770
L2004040772

[Note all files are combined into one.]

07/16/04 California Finance Lenders Law

Order to (1) revoke Finance Lenders License, (2) to deny application for licensure, and (3) to desist and refrain from (i) charging excessive administrative fees, (ii) requiring borrowers to make their first loan payment less than 15 days from the date of the loan, and (iii) failing to comply with a demand of the Commissioner to make refunds of excessive administrative fees pursuant to California Financial Code sections 22714, 22109, and 22712 of the California Finance Lenders Law.

See also other orders issued.

Trinity Investments

N2004050227

N2004050227

N2004050227 - Amended Decision

02/04/05

08/25/05

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 by means of any written or oral communication, and acting as a broker-dealer or investment adviser without possessing a certificate from the Commissioner; and assessing ancillary relief of four hundred nineteen thousand seventy three dollars ($419,073) and the costs of investigation and prosecution of one hundred fourteen thousand two hundred twelve ($114,212), pursuant to California Corporations Code sections 25019, 25110, 25210, 25230, 25401 and 25254 of the Corporate Securities Law of 1968.
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.

Trinity Investment Group

N2004050227

N2004050227

N2004050227 - Amended Decision

02/04/05

08/25/05

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 by means of any written or oral communication, and acting as a broker-dealer or investment adviser without possessing a certificate from the Commissioner; and assessing ancillary relief of four hundred nineteen thousand seventy three dollars ($419,073) and the costs of investigation and prosecution of one hundred fourteen thousand two hundred twelve ($114,212), pursuant to California Corporations Code sections 25019, 25110, 25210, 25230, 25401 and 25254 of the Corporate Securities Law of 1968.

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.

Turnaround Management Corp. 2014040633 7/25/15 Check Sellers, Bill Payers and Proraters Law Order to desist and refrain from offering, engaging in, and/or providing prorater services to California consumers until licensed or exempt; order for $36,150.58 in ancillary relief; and order for $5,000 in administrative penalties.
Ty Earl Laffon a.k.a. Earl Howard Laffoon, Jr. 2013061033 1/5/14 California Residential Mortgage Lending Act Order to deny Respondent’s application for a mortgage loan originator license, pursuant to Financial Code Section 50141 (conviction of a felony involving an act of fraud, dishonestly, a breach of trust, or money laundering)