sec whistleblower attorneys
June 18, 2019
Equal Earth, Inc., Andrew J. Duggan, Ghassan "Mark" Hamade
Offering Fraud
SANCTION AMOUNT: Approximately $8,790,000
Defendants: Equal Earth, Inc.
Andrew J. Duggan, Ghassan "Mark" Hamade
Defendants were a green energy company and its CEO and COO. They agreed to settle charges that, inter alia, they made materially misleading/false representations and suggestions to investors concerning Equal Earth's financial health, including that it was a fast-growing company that would soon go public based on significant historical revenues, acquisitions of multiple companies that could generate future revenue, and secured projects with significant power generation capacity.
- Key Docs
- Official SEC press release