CN Energy Group special committee probes CEO Steven Berman allegations

CN Energy Group settled disputes with former CEO Steven Berman following an independent investigation into allegations. The June 3, 2026 agreement included a $25,000 payment to Berman's counsel and acknowledged $277,000 paid during his leave. Berman resigned effective immediately, and both parties granted mutual releases.

CN Energy disclosed an independent investigation by a special board committee into allegations raised by former CEO Steven Berman. * The probe followed the board’s May 8, 2024 decision to suspend Berman indefinitely, pending the committee’s findings. * A June 3, 2026 settlement resolved disputes tied to the investigation, paid leave, financial access, financing, investor relations, marketing, asset sales. * Company agreed to pay USD 25,000 to Berman’s counsel; Berman acknowledged receiving USD 277,000 during paid leave. * Berman resigned from all roles effective June 3, 2026; both sides granted broad mutual releases. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-003906), on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

CN Energy disclosed an independent investigation by a special board committee into allegations raised by former CEO Steven Berman. * The probe followed the board’s May 8, 2024 decision to suspend Berman indefinitely, pending the committee’s findings. * A June 3, 2026 settlement resolved disputes tied to the investigation, paid leave, financial access, financing, investor relations, marketing, asset sales. * Company agreed to pay USD 25,000 to Berman’s counsel; Berman acknowledged receiving USD 277,000 during paid leave. * Berman resigned from all roles effective June 3, 2026; both sides granted broad mutual releases. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-003906), on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here