Regulators in British Columbia are accusing a B.C. man of violating a settlement agreement, which banned him from serving as a director.

The B.C. Securities Commission (BCSC) issued a notice of hearing on Friday, which alleges that Brent Jardine breached a settlement order that prohibited him from serving as a director or officer of an issuer.

Jardine settled with the BCSC in 2007, admitting to several violations of securities rules. As a result, he was banned from serving as a director for two years.

In its notice of hearing, the BCSC alleges that Jardine effectively served as a director of a junior miner, Claridge Ventures Inc. that trades in the U.S. over-the-counter (OTC) market by using a couple of nominee directors.

Seven months after agreeing to the ban, Jardine offered an unemployed friend in Alberta an opportunity to make money by acting as a director, the BCSC alleges, and he later made the same arrangement with that director’s brother, who worked for an auto dealership in Manitoba.

Jardine had Claridge incorporated in Nevada in 2008, identifying the Alberta and Manitoba director as the only directors and officers of the company, the BCSC says, yet Jardine effectively ran the company and served as a director or officer for Claridge.

Jardine and Claridge filed misleading disclosure with the U.S. Securities and Exchange Commission (SEC), the BCSC alleges, and evaded fees that Claridge should have paid to the BCSC under rules that define companies that are directed out of B.C. as reporting issuers in the province.

The allegations have not been proven. The BCSC will apply to set dates for a hearing into the allegations before a panel of commissioners on Aug. 25.