Investors sue Continental Wind Power

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By Stephen Nellis / Friday, June 21st, 2013 / Comments Off on Investors sue Continental Wind Power

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Continental Wind Power, the Santa Barbara-based turbine maker that struggled to launch during the recession, faces four lawsuits alleging that then-CEO Jim Winsayer and other leaders misled investors about the company’s financial condition and ability to develop wind turbines when selling them stock. The lawsuits pending in Santa Barbara County Superior Court collectively demand $875,000…

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