Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Enviva Inc. (“Enviva”) (NYSE: EVA) breached their fiduciary duties to Enviva and its shareholders.
The investigation concerns whether members of Enviva’s board of directors or senior management failed to manage Enviva in an acceptable manner, in breach of their fiduciary duties, and whether Enviva and its shareholders have suffered damages as a result.
On October 12, 2022, Blue Orca Capital released a report stating that Enviva is overly reliant on capital raising to maintain its dividend, and that Enviva is engaging in “textbook greenwashing” regarding its wood pellet operations.