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David Marquardt

Coverage of David Marquardt in the Nexus archive.

Earliest in view: Jul 24 · 17:31 UTCMost recent: Jul 24 · 17:31 UTC
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  • BUSINESSJul 24 · 17:31 UTCCOURTHOUSE NEWS
    Investors accuse construction tech firm of self-dealing scheme

    Investors filed a class action against EquipmentShare, an AI-driven construction tech company, alleging it used over 100 affiliated entities to siphon at least $77 million through undisclosed self-dealing. The lawsuit claims the company's stock price dropped 11.7% following a report by Umibōzu Research, which accused leadership of misleading investors and operating a 'Ponzi-adjacent' business model.

David Marquardt · Dossier · The Nexus