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Finance Department sues unregistered Utah investment promoter (access required)

The Idaho Department of Finance is seeking nearly $1 million from a former Utah investment promotor that the department alleges sold investment contracts without a license. The department filed a civil securities lawsuit Dec. 17 against Zachary Latimer and two Utah companies he owns, Velocity2 and Latimer Investments. The complaint alleges, according to a news release, ...

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