Timeline: Paragon Industries faces financial issues, lawsuits

Paragon Industries is a pipe manufacturer in Sapulpa with locations in Texas and Muskogee. It is the largest employer in Sapulpa.

Several lawsuits have been filed against Paragon, totaling more than $300 million.

Some of those suits say the company failed to pay for materials they received, while some of the other suits say CEO Derek Wachob took investor money to fund his lavish lifestyle and never paid it back.

Full Timeline:

2024

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