‘Shark Tank’ star Daymond John files for restraining order against ex-contestants – National | 24CA News
Shark Tank celeb investor Daymond John has filed for a brief restraining order in opposition to a gaggle of former contestants he entered into business with once they pitched their meat firm on the present almost a decade in the past.
John, 54, requested the restraining order in opposition to the house owners of Bubba Q’s Boneless Baby Back Ribs, who appeared on Season 5 of Shark Tank in 2013. The authorized submitting got here after Al (Bubba) Baker, his spouse, Sabrina, and their daughter, Brittani, advised the Los Angeles Times that John tried to take over their business and lower the household out of potential income.
Al Baker, a former NFL defensive finish, and his household stated the business relationship has been a “nightmare.”
When the Bakers appeared on Shark Tank searching for a business deal for his or her pre-cooked boneless child again ribs, John provided US$300,000 (C$403,110) for a 30 per cent share within the firm. The Bakers advised the L.A. Times as soon as cameras have been off, John modified his supply to US$100,000 (C$134,370) for 35 per cent.
In the L.A. Times article, and in movies shared to social media, the Bakers alleged John tried to manage their firm and left them out of key business conferences with shoppers and producers, together with Rastelli Foods Group.
The Bakers declare to have solely seen 4 per cent of the publicly acknowledged US$16 million (almost $21.5 million) in income from their business.
Zach Rosenfield, a spokesperson for John, advised Entertainment Weekly that the “temporary restraining order is due to the Bakers’ blatant actions to undermine a business partnership and the legal parameters they agreed to four years ago.”
“Their belief that they can unwind poor business decisions through slanderous social media posts and articles will no longer be tolerated,” the assertion continued.
As the L.A. Times story broke on May 18, John additionally despatched the household a cease-and-desist letter demanding that they cease “making publicly disparaging or defamatory remarks” about him and different Bubba Q’s Boneless Baby Back Ribs buyers.
In a social media video of his personal, John referred to as the L.A. Times article a “flawed interview and false narrative.” He stated the Bakers’ allegations in opposition to him weren’t true.
“The journalist, I believe the underlying issue here, did not understand business as well as I think that I would have liked her to,” he stated.
A authorized case involving John and the Bakers has already been dismissed by a federal decide in New Jersey with out prejudice.
Entertainment Tonight reported Rastelli Foods Group has additionally filed for a brief restraining order in opposition to the Baker household.
In an announcement to the decide concerning the short-term restraining orders filed by John and Rastelli Foods Group, the Baker household stated they confronted “irreparable harm, particularly as the time on our patent is running out.”
“Sharing our experience on social media is an honest and truthful account of our journey,” the Bakers wrote. “We firmly believe that the truth is in the best interest of the public.”
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