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Renewable Energy Group

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile2 entries

  1. 2022

    Shareholder sues Renewable Energy Group over alleged proxy misrepresentations

    Lawsuit filed

    Stockholder Dawn Brozik filed a complaint against Renewable Energy Group, Inc. and its directors alleging Securities Exchange Act violations. The complaint alleges that the company's preliminary proxy statement omitted and misrepresented material information about the proposed Chevron transaction; no court determination is reported.

    Source excerpt

    • On Sunday, stockholder Dawn Brozik filed a complaint in the Eastern District of New York alleging violations of the Securities Exchange Act of 1934 against Renewable Energy Group, Inc. and its directors.
    • The plaintiff argues that the Preliminary Proxy statement omits and misrepresents material information and if they are not remedied before the anticipated shareholder vote, shareholders will be forced to make a voting decision on the transaction without full disclosure of all material.
    Source

  2. 2015

    Geismar facility explosions and OSHA violations

    Two explosions occurred at REG’s Geismar, Louisiana, biofuels facility in 2015. OSHA subsequently cited the company for three willful safety violations and imposed a $70,000 fine.

    Source