Washington State Department of Financial Institutions
03/21/2025 | Press release | Archived content
Obvious Clothing Inc., Obvious Clothing LLC, Todd Kimball
Case summary
On February 26, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Statement of Charges (S-22-3468-25-SC01) against Obvious Clothing LLC; Obvious Clothing Inc.; Todd Kimball.
Order details
Order File: S-22-3468-25-SC01
Laws & Rules: RCW 21.20.010, RCW 21.20.040, RCW 21.20.140
Penalties/Remedies:
- Cease and desist;
- Fines & costs
Allegations
- Between 2010 and 2021, the Respondents sold over $3.5 million in company interests/membership interests/units in Obvious Clothing LLC and Obvious Clothing, Inc. to at least twenty-three investors.
- The Respondents made untrue and misleading statements of material fact to investors about the investment.
- The Respondents sold unregistered investments in Obvious Clothing LLC and Obvious Clothing, Inc., while not being registered to sell investments.
A Final Order was entered regarding this matter on March 21, 2025.
Order file
View order file
Related Order
Final Order - S-22-3468-25-FO01
Washington State Department of Financial Institutions published this content on March 21, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 10, 2025 at 21:38 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]