We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Renewable Energy Co. Execs Settle Investor Suit For $2M

Law360 (May 24, 2019, 7:01 PM EDT) -- The top executives of the since-liquidated renewable energy company Rentech Inc. have agreed to settle investors’ claims that they made the highly leveraged company appear stable when it was actually facing default.

Former CEO Keith Forman and former Chief Financial Officer Jeffrey Spain will pay $2.05 million to resolve the proposed securities class action alleging they filed inaccurate financial reports and lied about the stability of Rentech’s wood chipping division as well as its success in bringing its wood-pellet plants online.

A fourth amended complaint was filed in the case in December, roughly a year after Rentech filed for Chapter 11...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents



Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


California Central

Nature of Suit



Subscribers Only

Date Filed

February 23, 2017

Law Firms