NJ Couple to Pay $2.1 Million in Securities Fraud Case
A Tinton Falls couple who own two investment companies will pay $2.1 million to settle claims filed by the New Jersey Attorney General's Office for violating state securities laws.
July 20, 2017 at 06:10 PM
7 minute read
A Tinton Falls couple who own two investment companies will pay $2.1 million to settle claims filed by the New Jersey Attorney General's Office for violating state securities laws.
The couple, Anthony and Christine Cantone, agreed to the settlement with the office's Bureau of Securities in order to resolve civil claims brought against them by the bureau, according to a release Thursday.
The settlement requires the couple—the owners of Cantone Research Inc. and Cantone Office Center—to pay $1.8 million in restitution to investors and a $300,000 civil penalty, the release said.
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