litigation
confidence high
sentiment negative
materiality 0.65
Bion Environmental served with lawsuit seeking $653,915 for unpaid construction invoices
BION ENVIRONMENTAL TECHNOLOGIES INC
- Dilling Group filed summons on March 31, 2025 seeking $653,915 in unpaid invoices for Ammonia Recovery System construction.
- Lawsuit also names primary contractor Hamstra Group and property lessor North Prairie Holdings as defendants.
- Lawsuit relates to previously disclosed Notice of Intent to file Mechanic's Lien from March 22, 2024.
- Company disclosed the suit in 8-K filed April 4, 2025; Interim CEO Stephen Craig Scott signed.