Customers out thousands of dollars after wind power business fails
Posted on Wednesday, March 17th, 2010 at 4:12 pm
A Shenandoah-based wind power firm permanently closed Monday with no plans to refund money to its customers.
The business’ owners were denied a loan from the city when they opened the wind power company in 2009 after a background investigation showed they filed for bankruptcy in Branson, MO in 2005, owing more than $800,000 for other businesses. One of the owners blamed the company’s failure on malfunctioning parts produced in a Chinese factory. Former workers report that most of the employees lacked training in wind generators and electrical work and instead learned skills from other workers.
If your business runs into legal troubles, contact the Des Moines business attorneys of LaMarca Law Group, P.C., at (877) 327-2600.