Urban-gro files motion to dismiss counterclaims in lawsuit against bank

LAFAYETTE — Urban-gro Inc. (Nasdaq: UGRO) filed a motion last week in Boulder County District Court, along with two responses, to dismiss Sunflower Bank’s counterclaims that the agricultural engineering firm was responsible through lax security practices for the alleged $5.1 million wire transfer fraud it suffered in October.

Urban-gro also requested a hearing on Sunflower’s motion to interplead more than $1.7 million of recovered funds. 

On Monday, Sunflower Bank filed a motion in opposition to Urban-gro’s request for a hearing.

This lawsuit began in early November, weeks after Urban-gro announced that it had been the victim of a wire fraud scheme. Urban-gro