2009 – 2013 Department of Corporations News Releases

The Department is highlighting the publication “Financial Tips for Women Download this press release (PDF) SACRAMENTO, CA (March 15, 2013) – The California Department of Corporations encourages Californians to observe Women’s History Month in March and, to...

The Department is highlighting the publication “Financial Tips for Women Download this press release (PDF) SACRAMENTO, CA (March 14, 2013) – The California Department of Corporations today issued a Desist andRefrain Order against “InterReef LTD,” which...

The Department offers resources promoting consumer awareness and financial literacy the week of March 3, 2013 Download this press release (PDF) SACRAMENTO, CA (March 4, 2013) – The California Department of Corporations encourages Californians toobserve...

California Department of Corporations Obtains $17.86 Million Judgment For Defrauded Investors Download this press release (PDF) Sacramento, January 25, 2013 — The California Department of Corporations has obtained a finaljudgment and permanent injunction...

The Business Operations Section and Laurie Cootz received State Agency Recognition Awards from the Department of General Services Download this press release (PDF) Sacramento, November 16, 2012 — The Department of Corporations received two awards at the...

The Departments of Corporations and Real Estate have issued a joint Consumer Alert regarding mortgage loan modification scams. Download this press release (PDF) SACRAMENTO, CA (October 12, 2012) – The California Department of Corporations and the...

Download this press release (PDF) SACRAMENTO, CA (August 29, 2012) – The Department of Corporations determined Wednesday thatthe terms and conditions of Facebook Inc.’s acquisition of Instagram Inc. are fair to the Instagramshareholders and the Department...

The Department has issued a Consumer Alert regarding unlicensed online payday lendersDownload this press release (PDF)SACRAMENTO, CA (August 15, 2012) – The California Department of Corporations has issued a Consumer Alert advising potential borrowers of...

Download this internet payday lending alert (PDF)   Contact: Lila Mirrashidi(916) 322-5275 Press Releases Consumer Alerts Resources Press Releases 2018 Press Releases 2017 Press Releases 2016 Press Releases 2015 Press Releases 2014 Press Releases...

The Department has issued an enforcement action against Pho Citi Franchising Company to include restitution for past franchisees Download this press release (PDF) SACRAMENTO, CA (August 9, 2012) – The California Department of Corporations has issued...

Jan Lynn Owen officially becomes the 39th Commissioner of the 99-year old Department of Corporations Download this press release (PDF) SACRAMENTO, CA (August 8, 2012) – The California State Senate voted on Monday to confirm theappointment of Jan Lynn Owen...

Download this press release (PDF)SACRAMENTO, CA (June 12, 2012) – The California Department of Corporations encourages Californians to observe the 7 Annual World Elder Abuse Awareness Day (WEAAD) on Friday, June 15, 2012, by participating in events around...

The Department has successfully concluded an investment fraud case resulting in restitution to investors of $25 million. Download this press release (PDF) SACRAMENTO, CA (June 1, 2012) – The California Department of Corporations today announced court...

Download this press release (PDF) SACRAMENTO, CA (May 16, 2012) – The California Department of Corporations has posted an InvestorAlert concerning the trend of “Crowdfunding” as a means of capital formation for small businesses. The Alerttoday warns...

The Department of Corporations observes the 12th annual National Financial Literacy Month Download this press release (PDF) SACRAMENTO, CA – The Department of Corporations (DOC), Department of Financial Institutions (DFI) and the Department of Real Estate...

In recognition of National Consumer Protection Week, these investor tips are provided Download this press release (PDF) SACRAMENTO, CA (March 9, 2012) – In recognition of National Consumer Protection Week, the CaliforniaDepartment of Corporations warns...

State agencies to provide resources and events promoting consumer awareness and financial literacyDownload this press release (PDF)SACRAMENTO, CA (March 2, 2012) – The California Department of Corporations encourages Californians toreview their personal...

Download this press release (PDF)SACRAMENTO, CA (January 13, 2012) – The California Department of Corporations today announced asettlement agreement with E*Trade Securities LLC to facilitate the return of up to $20 million dollars toinvestors in...

Insurance Commissioner Dave Jones Announces Sentencing of Insurance Agent in Ponzi Scheme   Contact: Lila Mirrashidi(916) 322-5275 Press Releases Consumer Alerts Resources Press Releases 2018 Press Releases 2017 Press Releases 2016 Press Releases 2015...

SACRAMENTO, CA – The Department of Corporations (DOC), Department of Financial Institutions (DFI) and the Department of Real Estate (DRE) will partner with other state, federal and local government agencies and financial literacy organizations during the...

Download this press release (PDF) Sacramento, January 24, 2011 — The California Department of Corporations has obtained a Temporary Restraining Order granting the Department’s request for an injunction, an asset freeze and appointment of a receiver against...

STATE OBTAINS COURT ORDER TO HALT MULTI-MILLION DOLLAR INVESTMENT FRAUDDownload this press release (PDF)Sacramento, October 8, 2009 — The California Department of Corporations has obtained a Preliminary Injunctiongranting the Department’s request for an...

Download this press release (PDF)SACRAMENTO, CA (June 8, 2009) – The California Department of Corporations today announced asettlement agreement with Banc of America Securities LLC and Banc of America Investment Services,Inc., the investment banking and...

State Officials Issue Desist and Refrain Orders Against Loan Modification Firm Operating Unlawfully Download this press release (PDF) SACRAMENTO – After a joint investigation, the California Departments of Corporations (DOC) and Real Estate (DRE) issued...

Governor’s Subprime Mortgage Agreement Succeeds in Preserving More Than 100,000 Homes Download this press release (PDF) Sacramento, CA, March 9, 2009 – As highlighted in Governor Arnold Schwarzenegger’s weekly radio address, the Department of Corporations...