Case summary
On February 21, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Final Order (S-22-3451-25-FO01) against Metallic Blue Development LLC; Brian Dozier.
Order details
Order File: S-22-3451-25-FO01
Penalties/Remedies:
- Fine: $100,000
- Cease and Desist
Findings
- Between 2019 and early 2022, Respondents raised over $40 million from over four hundred investors, including more than $3.5 million from approximately forty Washington investors.
- The Respondents sold unregistered investments in individual real estate projects and real estate funds, and were not registered to sell investments.
- The Respondents made untrue statements of material fact and failed to disclose material information related to the investments.
This resolves a previous Statement of Charges.