[Salt Lake City] — Executive Director Margaret Woolley Busse announced the appointment of two Division Directors for the Utah Department of Commerce: Leigh Veillette as the Director of the Division of Corporations and Commercial Code, and Jason Sterzer as Director of the Division of Securities. “As the best place for business in the United States, the Department of Commerce needs …
SCAM ALERT: Veterans Targeted by Fraudsters Posing as Government
[Salt Lake City] — A new scam targeting military veterans and their families emerged recently in Utah. The Utah Division of Consumer Protection and Department of Veterans and Military Affairs are raising the alarm to get the word out to veterans and their families. “Our veterans have already done so much for their communities, they deserve better. Scammers have no …
Record Fine Levied by Utah Division of Occupational and Professional Licensing for Worker Misclassification and Unlicensed Hiring
[Salt Lake City] — A stipulation including a fine of $1,147,000 for worker misclassification and unlicensed hiring was levied by the Utah Construction Services Commission against Source Investments and owner Justin Peck today, the Department of Commerce announced. Mr. Peck previously entered a guilty plea in an associated case in federal court earlier this year. “The amount of the fine …
Utah Finalizes Investigation and Settlement with Mortgage Servicer Nationstar
SALT LAKE CITY, UTAH — The State of Utah, in coordination with dozens of state and federal government partners, announced the closure of a multiyear investigation of Nationstar Mortgage LLC, d/b/a Mr. Cooper, one of the largest mortgage servicers in the nation. The closure includes a settlement for Utah consumers totaling over $657,000, with 556 Utah loans affected. The investigation …
Utah Apple iPhone Performance Management Complaint Filed
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Utah Department of Commerce Announces Settlement With Apple Over iPhone Throttling
[Salt Lake City] — The Utah Department of Commerce’s Division of Consumer Protection, along with a coalition of over 30 attorneys general led by Arizona Attorney General Mark Brnovich, Arkansas Attorney General Leslie Rutledge, and Indiana Attorney General Curtis Hill, announced a $113 million settlement with Apple, Inc. regarding Apple’s 2016 decision to throttle consumers’ iPhone speeds in order to …
Utah Department of Commerce Warns of Social Media Coronavirus Relief Scam
[Salt Lake City] — The Utah Department of Commerce and the Division of Consumer Protection urgently warn Utahns of a new fraud scheme designed to target social media users by offering COVID-19 aid as bait. “Sadly, devious scammers prey on fear. Pandemic fears are no exception,” said Chris Parker, Executive Director of the Department of Commerce. “Current COVID-19 fears may …
Department of Commerce Announces Departure of Securities Director, Appointment of New Acting Director
[Salt Lake City] — Chris Parker, Executive Director of the Utah Department of Commerce announced the appointment of Jason Sterzer as Acting Director of the Division of Securities. The appointment of Sterzer comes as Thomas A. Brady departs the Division to work in the private sector. “Tom was a dynamic member of our organization for the last 11 years,” noted …
Department of Commerce Announces Sanctions Against Broker for Unauthorized Use of Client Trust Money
[Salt Lake City] — The Utah Department of Commerce today announced a settlement involving disciplinary action against Bruce Armstrong, a licensed real estate principal broker, for taking tens of thousands of dollars from trust funds he held on behalf of his clients. “Mr. Armstrong’s mismanagement of his brokerage trust accounts violated the most basic statutes and rules for licensed principal …
