Former Loop Industries Insider Convicted in $4M Securities Fraud Scheme
Donald Danks, a former director of Nasdaq-listed Loop Industries, was convicted by a federal jury on September 14, 2026, of conspiracy to commit securities fraud, witness tampering, obstruction of justice, and perjury. The verdict follows a two-week retrial after a mistrial in the first proceeding. Danks is scheduled to be sentenced on December 4, 2026.