February 05, 2015
Broadwind Energy, Inc., J. Cameron Drecoll, Stephanie K. Kushner
Financial Fraud
SANCTION AMOUNT: $1,691,467
Defendants: Broadwind Energy, Inc.
J. Cameron Drecoll, Stephanie K. Kushner
Respondents are an alternative energy company, its former CEO, and its CFO, and this sanction is in settlement of alleged accounting and disclosure violations preventing investors, existing and new, from knowing that reduced business from two significant customers had caused substantial declines in the companys long-term financial prospects.
- Key Docs
- Official SEC press release