The Idaho Finance Department has accused an Oklahoma-based securities broker and four of its Utah agents of fraud and other violations of state securities law.

In the suit filed in 4th District Court in Boise, the state is seeking fines of $25,000 against Fitzgerald, DeArman & Roberts Inc. of Tulsa and $15,000 each against Salt Lake-based agents Kent Smith Broadhead, Craig A. Broadhead, Harry Niehus and Randy Carlson.

In addition, the state wants a court order requiring reimbursement of all Idaho customers involved in securities deal. That amount was not determined.

The department claimed the firm and its agents were not licensed to operate in Idaho and were dealing in unregistered securities. They were also accused of failing to disclose information to their customers.

The suit alleged that Fitzgerald engaged in fraud by agreeing to customer refunds only after customers formally agreed not to cooperate with any investigation or legal action involving the firm's operations.

Fitzgerald was accused of lying to the department by saying it had no customers or transactions in Idaho.