“New York Attorney General Letitia James today delivered a victory for environmentally-conscious “green” investors in Upstate New York by getting a Western New York company and its founder to end the illegal profiting from the sale of unregistered securities, which allowed the founder to subsidize his lifestyle. Attorney General James obtained a consent order … [Read more…]
“Relevant Holding Period: Before Sept. 27, 2019 Email: VSLR@hbsslaw.com Visit: https://www.hbsslaw.com/investor-fraud/VSLR Call: Reed Kathrein, who is leading the firm’s investigation: 510-725-3000. Vivint Solar, Inc. (VSLR) Investigation: The investigation centers on whether Vivint Solar concealed its involvement “in a nationwide fraud involving forged customer contracts.” On September 27, 2019 Marcus Aurelius Value published a scathing … [Read more…]
“Warren Buffett’s Berkshire Hathaway Inc on Wednesday said a $377 million charge it incurred recently was tied to a solar generation company that U.S. authorities have linked to fraud. Berkshire said in its first-quarter report on Saturday it had invested $340 million in various tax equity investment funds from 2015 to 2018, before learning … [Read more…]
“A Pennsylvania woman has been sentenced to prison for her role in a $54 million Ponzi scheme that was the biggest scam involving clean energy in U.S. history. Amanda Knorr, 35, was one of three people charged over the green energy scheme that defrauded more than 300 investors from around the country. Knorr was … [Read more…]
“Eden DevCo, LP 333 Broadway Suite 460 Troy, New York 12180 518-326-0259 ID: 0001766885 Partner: Harry Lopes Manager of General Partner Eden Renewables LLC Partner: Giovanni Maruca Manager of General Partner Eden Renewables LLC Industry Group: Real Estate Issuer Size: Decline to Disclose Federal Exemptions: Rule 506b Date of First Sale: January 24, … [Read more…]
“A Texas-based corporate watchdog plans this month to ramp up its campaign to find whistleblowers with evidence that wind or solar power companies have fleeced the US government for grant money. The Corporate Whistleblower Center, part of the privately held company America’s Watchdog, launched the initiative in September with an eyebrow-raising press release that … [Read more…]
“Every great once in a while a bad apple pops up, even in the world of solar power where competition among installers and developers helps keep people honest. That’s the case yesterday when the Securities and Exchange Commission (SEC) announced fraud charges against MSGI Technology Solutions and its CEO J. Jeremy Barbera. For individual … [Read more…]
“Borrego Solar Systems, 1810 Gillespie Way, San Diego, CA 92020 (888) 898-6273 Clarification of Response: Michael Hall of Walnut Creek,CA Arron Hall of San Diego CA Chris Anderson of Peterborough,NH Bonnie Kao of Neihu, Taipei Stan Chan of Arcadia, CA Industry of Use: Energy Conservation Offering: $6,000,000 Finders Fee: $320,000 Issue date: 07-27-2009” … [Read more…]