BUSINESS REGISTRATION DIVISION
DEPARTMENT OF COMMERCE AND
STATE OF HAWAII
TO: LOUIS K. TITCOMB, individually and d/b/a LKT HAWAII, and LKT HAWAII
YOU ARE HEREBY NOTIFIED that the Commissioner of Securities of the Department of Commerce and Consumer Affairs, State of Hawaii, issued a Preliminary Order to Cease and Desist; Notice of Right to Hearing against you on January 12, 2022, alleging that you have violated the Uniform Securities Act, Chapter §485A, HRS and that action should be taken against you.
Pursuant to HRS §485A-604, you may request a hearing on this matter within thirty (30) days after the date of service of this Notice. Your request must be in writing and addressed to the Office of Administrative Hearings (“OAH”) at: Office of Administrative Hearings, Department of Commerce and Consumer Affairs, 335 Merchant Street, Room 100, Honolulu, Hawaii 96813.
A copy of your written request for hearing must be simultaneously served upon the Securities Enforcement Branch, Department of Commerce and Consumer Affairs, State of Hawaii, 335 Merchant Street, Room 205, Honolulu, Hawaii, 96813. If a hearing is requested, it shall be scheduled within fifteen (15) days after your written request has been received by the OAH, unless extended by the Commissioner for good cause.
If no written request for hearing is received by the OAH within thirty (30) days, and none is ordered by the Commissioner, this Order shall become the Final Order of the Commissioner by operation of law pursuant to HRS §485A-604(b).
You are hereby further notified that pursuant to §16-201-23 of the Hawaii Administrative Rules for Administrative Practice and Procedure, you may, within ten (10) days after receiving a Final Order, move the Commissioner to reconsider the Final Order. Your motion shall be filed with the Commissioner and shall state specifically what points of law or facts the Commissioner has overlooked or misunderstood together with brief arguments on the points raised.
Additionally, pursuant to HRS §485A-609, you may file an appeal with the Circuit Court of the First Circuit of the State of Hawaii in the manner provided by Chapter 91, HRS.
You have the right to retain legal counsel for all stages of these proceedings.
Copies of the specific allegations against you are available at the Securities Enforcement Branch, 335 Merchant Street, Suite 205, Honolulu, Hawaii 96813, or telephone (808) 586-2740.
(SA1361976 2/28, 3/7/22)