SEC v. DAVID P. ORTIZ; and DAVEGLO INVESTMENT GROUP, INC., Central District of California (Dec. 15, 2025) — Complaint
raw: Order Instituting Administrative Proceedings
Order Instituting Administrative Proceedings (Dec. 15, 2025)
Classified unregistered-securities(confidence 100%). EDGAR detection: forms Form D/S-1· recall 41% / precision 30%. detection rule →
Statutes
15 U.S.C. § 78u(d)15 U.S.C. § 80b-9(d)15 U.S.C. §77v (a)15 U.S.C. §78aa (a)15 U.S.C. §80b-1428 U.S.C. § 246215 U.S.C. § 78o(a)15 U.S.C. § 80b-6(2)15 U.S.C. § 77t(d)15 U.S.C. § 80b-9(e)15 U.S.C. § 77e(a)15 U.S.C. § 78o(b)15 U.S.C. § 80b-2(a)15 U.S.C. § 77e15 U.S.C. § 78(o)Section 20(b) of the Securities ActSections 20(d) and 22(a) of the Securities ActSections 20(d) and 22(a) of the Securities ActSections 5(a) and 5(c) of the Securities ActSections 5(a) and 5(c) of the Securities ActSection 15(a) of the Securities Exchange ActSection 206(2) of the Investment Advisers ActSection 5 of the Securities ActSections 5(a) and (c) and 17(a)(2) and (3) of the Securities ActSections 5(a) and (c) and 17(a)(2) and (3) of the Securities ActSections 5(a) and (c) and 17(a)(2) and (3) of the Securities ActSection 2(a)(1) of the Securities ActSection 2(a)(1) of the Securities Act
Parties
Securities and Exchange CommissionDAVID P. ORTIZDAVEGLO INVESTMENT GROUP, INC.
Keywords
securitiesortizoilgaspageresolutedocument pagepage pagebeacon globalinvestmentcommissionsecurities exchangeinvestorsexchangecompensation
Extracted insights
Entities 6
- company DaveGlo Investment Group, Inc.
- person DAVID P. ORTIZ
- person defendant daveglo
- person defendant ortiz
- company oil and gas securities
- agency Securities and Exchange Commission
Triples 9
- Securities And Exchange Commission brings this action pursuant to the authority conferred by Section 20(b) of the Securities Act, Section 21(d) of the Exchange Act, and Section 209(d) of the Advisers Act
- Court has jurisdiction over this action pursuant to Sections 20(d) and 22(a) of the Securities Act, Sections 21(d) and 27 of the Exchange Act, and Sections 209(d), 209(e), and 214(a) of the Advisers Act
- Defendants have made use of the means or instruments of transportation or communication in interstate commerce in connection with the transactions, acts, practices, and courses of business alleged in this Complaint
- Defendants engaged in interstate emails and telephone calls with clients and Resolute personnel
- Venue lies in this District because Defendants transacted business here, reside in Whittier, California, and maintain a principal place of business there
- Defendant Ortiz executed tolling agreements with the Commission that tolled the statute of limitations from October 8, 2024 to July 5, 2025
- Defendant DaveGlo executed tolling agreements with the Commission that tolled the statute of limitations from December 12, 2024 to September 8, 2025
- Ortiz marketed and sold approximately $18 million of investments in risky oil and gas securities to approximately 20 retail investors
- Oil and Gas Securities were sold in unregistered securities offerings sponsored by Resolute Capital Partners, LLC and Homebound Resources, LLC
Text layers
Extracted body text (140c)
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