Enerblu Lawsuit Goes Forward

A lawsuit filed against Enerblu executives asks that the failed battery manufacturing plant pay $30 million in compensatory and punitive damages, the Lexington-Herald Leader reports.The lawsuit was filed by Dapco LTO Investment, LLC., an investor group from Florida, and calls Enerblu “a bogus Eastern Kentucky battery plant that was never more than drawings on a piece of paper.”The group gave $3 million to Enerblu back in 2018. The suit says the now-bankrupt company said its executives paid themselves and took useless trips overseas.

Source: MG News

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