Demar Plumbing Corp. / Demar Mechanical Inc. Risk Report

⚖️ legal & regulatory

DeMar Plumbing Corp. has faced legal challenges in recent events, highlighting potential risks in their operations. The issues primarily revolve around allegations concerning the qualification of laborers and a significant contractual dispute. These incidents point to possible regulatory compliance shortcomings or operational oversights.

• On 🗓 January 8, 2023, the company faced accusations from the New York Post related to allowing "unqualified laborers" to work on building gas lines, a situation described as a "public safety time bomb."
• On 🗓 January 3, 2021, they were involved in a legal dispute as a Yonkers couple demanded $1.8 million from the contractor due to issues with home improvement projects as reported by Westfair Communications.

🏗️ operational & business continuity

The operational integrity of DeMar Plumbing Corp. appears to be under scrutiny, with recent news reflecting potential risks in maintaining business continuity and compliance with safety standards. The implications of these issues could affect their reliability and reputation within the market.

• Allegations on 🗓 January 8, 2023, regarding the employment of unqualified laborers for gas line work suggest significant operational risks, as reported by the New York Post.