WorthGroup Architects Founder Douglas Worth Returns to Lead Company on Interim Basis until Investigation of Company President is Completed

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WorthGroup Founder returns on interim basis

We have a strict ethics policy in place and while this appears to be an isolated instance of poor judgment, the reported actions are unacceptable to our firm and its clients.

According to an article in The Tulsa World, (August 6), the president of WorthGroup Architects has been identified in a federal investigation of unlawful activities involving the design and construction work for the Choctaw Nation of Oklahoma.

“The allegations against our president, Brian Fagerstrom, while inconclusive, do not reflect the integrity and values of our firm and Brian, while not formally charged with any crime, will be suspended until the investigation against him is complete,” said Douglas Worth, the founder of the company.

Worth said the company’s shareholders were informed of the allegations earlier this year but, as the investigation is ongoing, were not aware of several critical details until that information was released this week by the U.S. Attorney’s office. “It is important to note that WorthGroup was not the direct beneficiary of any improper payments. We have a strict ethics policy in place and while this appears to be an isolated instance of poor judgment, the actions that have been reported are unacceptable to our firm and its clients.”

Worth will return to lead the company in the interim. He will work closely with the firm’s other executives, Bryan Hamlin, Jim Mickey and Elizabeth Rose. Worth said, “We will continue to enforce a culture and standard of integrity that our staff and clients expect. And, we will cooperate fully with the investigation and regret any distress this event has caused our clients and partners.

“Specifically, we want to apologize to the Choctaw Nation. We value our relationship and are very proud of the results of our creative partnership,” he added.

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ABOUT THE WORTHGROUP
WorthGroup Architects is an award-winning design firm with a diverse portfolio of commercial, municipal, higher education, gaming, hotel, restaurant, night club, convention center, spa, mixed-use, parking, and urban and retail center projects. The firm has a focus area in gaming and hospitality for both corporate and Native American gaming and has worked with more than 43 Native American tribes. The firm’s entertainment portfolio includes destination resorts, entertainment, hotels, gaming, conference and event centers, and retail and restaurants. From Hilton and Trump Entertainment, to MGM / Mirage and Marriott, WORTHGROUP is working with some of the world’s most identifiable leisure and hospitality clients in the world. Whether renovating and re-branding existing properties or developing new, the firm’s creative team of architects, interior designers, planners, artists and animators bring exceptional talent, skill and expertise to each project. The firm has offices in Denver, Colorado in addition to Reno and Las Vegas, Nevada. For more information, visit http://www.WORTHGROUP.com.

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Z.J. Czupor