Enerblu Investors Sue

A group of investors that gave $1.2 million to the failed battery manufacturing plant Enerblu, which promised hundreds of jobs in Eastern Kentucky, has sued two of the company’s executives to retrieve its investment, according to filings in Pike County Circuit Court.The lawsuit claims that Enerblu executives made deliberate misrepresentations to local investors about the financial and operational viability of Enerblu.

Source: MG News

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