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campus and assets out of bankruptcy in 2016. In 2017 Down and The Falls Event Center were under SEC investigation and several of company's centers were in financial straits. As of 2018 The Falls Event Center had locations in 5 states. In the 2018 lawsuit, investors into the Falls Event
Centers
158:’s assets to use for his McMinnville Falls Event Center. After the Falls Event Center succumb to investor lawsuits, bankruptcy, and criminal investigations, the Wings & Waves Waterpark was purchased out of bankruptcy by Oregon vintner, Bill Stoller.
85:, Investors Dynamic Corporation (IDC), and The Falls Event Center, a chain of event centers in five western US states. In the 1990s a court order closed IDC. As of 2018 The Falls Events Centers were under investigation by the
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In 2018 his sandwich store Even
Stevens closed a number of stores, and The Falls Event Centers has filed for bankruptcy. In September 2018 Down was under criminal investigation by the FBI for financial fraud activities.
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from
October 1994 through March 1996 and promising "exaggerated returns". In 1998, final judgement was made and the defendants consented to court orders without confirming or denying allegations. The court ordered
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against Down and IDC and barred him from "association with any broker, broker-dealer, investment company, investment adviser or municipal securities dealer" for two years. The court waived
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allege Down promoted monthly returns approaching 35% and furthermore claim "Down constantly misrepresented the state of the centers and their potential."
260:"Utah-based Even Stevens restaurants suspended their 'buy a sandwich, give a sandwich' charity donations for 60 days while the company restructures"
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Down founded The Falls Event Center in April 2011, which provides event spaces across for small events; the company purchased a portion of the
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Roseville begins tax foreclosure on The Falls Event Center: Center owes $ 9.3K in CFD fees and is late on $ 26K tax bill to Placer County.
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In 1999, Down founded a financial coaching company under the name Wealth Heart
Corporation, which was later changed to Financially Fit.
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SEC Litigation
Release No. 15694: S.E.C. v. Investors Dynamics Corporation and Steven L. Down (USDC, UT, Docket No. 2:96CV 0220S)
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CE Karma is a professional dental continuing education organization founded by Down that operates in 33 states.
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and determined not to impose civil penalties based on the demonstrated inability of the defendants to pay. An
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Degerman, Eric. 2020. “Oregon
Vintner Rescues McMinnville Museum and Water Park.” Herald, April 21, 2020.
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Utah’s Falls Event Center expanded by lying to investors about its value and profitability, lawsuit states
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In 1996, Down and his company
Investors Dynamics Corporation (IDC) were subject to litigation by the
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https://www.heraldnet.com/life/oregon-vintner-rescues-mcminnville-museum-and-water-park/
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Landlord of Oregon's
Evergreen Aviation & Space Museum subject of SEC inquiry
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and investors have characterized the company as fraudulent in a 2018 lawsuit.
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Falls Event Center project in
Bricktown on hold amid lawsuits, SEC inquiry
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Investment
Advisors Act of 1940 release No. 1715 Administrative Proceeding
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Planned St. Paul Event Center Stalled; Owner faces SEC investigation
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and business owner. He is best known as the founder of Even Stevens
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As SEC investigates, Down tightens connection to McMinnville museum
201:"INVESTORS DYNAMICS TOLD IT MUST CEASE OPERATIONS - Deseret News"
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The Wings & Waves Waterpark is an operating waterpark in
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Aviation museum landlord considers buying Del Smith mansion.
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Celebrating 1 million sandwiches donated with Even Stevens
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Millegan and Peterson seek dismissal of Falls Event Center
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Down opened the first Even Stevens restaurant in downtown
304:"Air museum landlord crashes to earth amid fraud charges"
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SEC investigates owner of event center with local sites
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54:Falls Event Center, Even Stevens, Financially Fit
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493:Even Stevens, Trio Happenings, Farmers market
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430:Roseville & Granite Bay Press Tribune.
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284:"Falls Event Center files for bankruptcy"
249:. Salt Lake Tribune, accessed 2020-02-11
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397:Montesano, Nicole (December 7, 2017).
388:Minneapolis/St. Paul Business Journal.
362:". Securities and Exchange Commission.
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439:Lackmeyer, Steve (28 December 2017).
144:Evergreen Aviation & Space Museum
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520:Anderson, Mark (September 21, 2017)
491:Scheffler, Ted (January 18, 2017). "
454:Buyer Emerges for Evergreen Aviation
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507:Brittany Graham (January 17, 2017)
426:Womack, Graham (20 December 2017).
413:Manning, Jeff (September 23, 2017)
156:Evergreen Aviation and Space Museum
87:Securities and Exchange Commission
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478:Jensen, Maren (5 February 2017).
384:Nick Halter (September 15, 2017)
371:Manning, Jeff (5 January 2018).
525:The Sacramento Business Journal
245:Aubrey Wieber (May 11, 2018).
102:Investors Dynamics Corporation
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229:Jeff Manning (July 23, 2017)
452:Luke Hammill (July 8, 2016)
347:SEC News Digest Issue 98-140
203:. 2019-11-19. Archived from
480:Person to Person Steve Down
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553:Businesspeople from Oregon
132:administrative proceeding
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548:Businesspeople from Utah
329:SEC (April 13, 1998). "
358:SEC (April 3, 1998). "
138:The Falls Event Center
511:Fox 13 Salt Lake City
497:Salt Lake City Weekly
264:The Salt Lake Tribune
116:multi-level marketing
16:American entrepreneur
345:SEC (July 22, 1998)
124:permanent injunction
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482:KUTV News.
313:2018-09-25
289:2018-09-10
269:2018-09-14
211:2022-11-01
184:References
110:regarding
93:Background
71:Steve Down
41:Occupation
35:Steve Down
23:Steve Down
177:in 2014.
77:-based
59:Website
73:is a
349:SEC.
175:Utah
75:Utah
108:SEC
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