Loop Industries CEO named as relief defendant in SEC fraud complaint; company says no wrongdoing alleged

Loop Industries, Inc.

SEC complaint filed Sept 30, 2022 naming Daniel Solomita (CEO) and his entity as relief defendants for receiving $ from alleged fraud.
Loop states SEC does not allege wrongdoing by the company or Solomita; Solomita allegedly unaware of the fraud by defendants.
Monies received by Solomita in 2015 are subject to recovery; no charges against Loop or its CEO.
Loop reaffirms commitment to integrity and compliance with all government regulations.

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