Carbon project financier sues former execs, claiming over $45 mln in damages as ex-CEO plans defence

Published 02:30 on April 15, 2025 / Last updated at 21:16 on April 15, 2025 / and / Americas (US & Canada), Nature-based Carbon (Forestry), Net Zero Transition (Litigation), Voluntary (VCM Governance)

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A Toronto-based carbon project financier filed legal action Monday claiming over $45 million from several former executives and consulting companies for alleged breaches of fiduciary duty, fraudulent misrepresentation, and unjust enrichment, charges the former CEO has denied.
A Toronto-based carbon project financier filed legal action Monday claiming over $45 million from several former executives and consulting companies for alleged breaches of fiduciary duty, fraudulent misrepresentation, and unjust enrichment, charges the former CEO has denied.


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