SEC Files Settled Action Against Founders of Modular Construction Startup Alleging $65 Million Offering Fraud
July 25, 2026
July 25, 2026
WASHINGTON, July 25 -- The Securities and Exchange Commission issued the following litigation release (No. 5:26-cv-07616; N.D. Cal. filed July 23, 2026):
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Securities and Exchange Commission v. Brian Kuzdas and John Rowland, No. 5:26-cv-07616 (N.D. Cal. filed July 23, 2026)
On July 23, 2026, the Securities and Exchange Commission filed settled charges against Brian Kuzdas and John Rowland for allegedly operating an offering fraud through S2A Modular Co . . .
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Securities and Exchange Commission v. Brian Kuzdas and John Rowland, No. 5:26-cv-07616 (N.D. Cal. filed July 23, 2026)
On July 23, 2026, the Securities and Exchange Commission filed settled charges against Brian Kuzdas and John Rowland for allegedly operating an offering fraud through S2A Modular Co . . .
