Skip to main content

Hollywood Cardroom; Shawn Weintraub – Final Order – S-23-3688-25-FO01

Case summary

On March 18, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Final Order (S-23-3688-25-FO01) against Hollywood Cardroom; Shawn Weintraub.

Order details

Order File: S-23-3688-25-FO01

Laws & Rules: RCW 21.20.010, RCW 21.20.040, RCW 21.20.140

Penalties/Remedies:

  • Fine: Hollywood Cardroom - $20,000; Weintraub - $20,000
  • Costs: $2,500
  • Cease and desist

Findings

  • In 2022, the Respondents sold $990,000 of unregistered LLC membership units to 3 Washington investors.
  • The Respondents failed to disclose material information related to the investment, such as the risks of investing and basic information about the company.
  • The Respondents sold unregistered investments in Hollywood Cardroom, and Weintraub was not registered to sell investments.

This resolves a previous Statement of Charges.  

Order file

View order file

Related Order

Statement of Charges – S-23-3688-25-SC01