Business ProfileforFamily Tree Estate Planning 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 December 12, 2023, Family Tree Estate Planning LLC and Jason Wooten entered into an Order to Cease and Desist, Order for Restitution, Order for Administrative Penalties, and Consent to Same with the Arizona Corporate Commission. The Order settles allegations that the business and Jason Wooten offered and sold securities that were neither registered nor exempt from registration while neither registered as a dealer or salesman, nor exempt from registration. Under terms of the Order, the business, agents, employees, successors and assigns, were ordered to permanently cease and desist. It is further ordered, the business and Jason Wooten will jointly and severally pay restitution in the amount of $3,738,040.51 and an administrative penalty in the amount of $100,000.
This action is final.
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 January 5, 2023, Jason P. Wootten and Family Tree Estate Planning LLC entered into a Final Judgment with the Securities and Exchange Commission. The judgment settles allegations that the business was not registered with the Commission as a broker or dealer or not associated with an entity registered with the Commission as a broker-dealer while attempting to induce or induce the purchase or sale of securities. It is also alleged there was no registration statement filed or in effect with the Commission and no exemption from registration existed with respect to these securities. Under terms of the judgment, the business is permanently restrained and enjoined from the above violations, permanently restrained or enjoined from engaging in the business of effecting transactions in securities for the accounts of others, or effecting the purchase and sale of securities while not registered with the Commission. The business is liable for disgorgement of $1,105,054 and interest in the amount of $105,464 and/or a civil penalty in the amount of $150,000. The business shall satisfy this obligation by paying $1,360,518. The Assurance was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law.
This action is final.
At-a-glance
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Overview
Business Details
- Location of This Business
- 6910 E Chauncey Ln Ste 230, Phoenix, AZ 85054-5188
- BBB File Opened:
- 8/27/2008
- Years in Business:
- 19
- Business Started:
- 9/13/2005
- Business Started Locally:
- 9/13/2005
- Business Incorporated:
- 10/10/2007
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Type of Entity:
- Limited Liability Company (LLC)
- Business Management
- Mr. Jason Paul Wootten, Member
- Mr. Robert G Hammans, Director of Operations
- Mr. Sean Cagle, Member
- Contact Information
Principal
- Mr. Jason Paul Wootten, Member
Customer Contact
- Mr. Jason Paul Wootten, Member
Customer Complaints
0 Customer Complaints
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Most Recent Customer Review
James M
1 star04/05/2024
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