A temporary restraining order is being sought by Daymond John against three former Shark Tank contestants.
According to the Los Angeles Times, Al “Bubba” Baker, his wife Sabrina, and their daughter Brittani assert that John tried to take over the management of Bubba Q’s Boneless Baby Back Ribs and barred them from reaping revenues.
The FUBU executive is pursuing action against them, according to a statement he gave to People, for their alleged attempts “to undermine a business partnership and the legal parameters they agreed to four years ago,” accordant to Zach Rosenfield (John’s spokesperson).
“This temporary restraining order is due to the Baker’s blatant actions to undermine a business partnership and the legal parameters they agreed to 4 years ago. Their belief that they can unwind poor business decisions through slanderous social media posts and articles will no longer be tolerated.”
Daymond John Beefing With Shark Tank Contestants
The Bakers first made an appearance in an episode from 2012 where they promoted their boneless, precooked baby back ribs.
The Bakers then asserted that John’s $300,000 offer for 30% of the business was secretly changed to $100,000 for 35%.
The family was mentioned in a recent L.A. Times story, when they accused John of trying to take over the company and raised new questions about their contractual relationship with both Rastelli Foods Group (the manufacturer) and John.
According to the family’s allegations, they contend that they have only collected roughly 4% of the publicly reported $16 million in revenue earned by the company. Al Baker, they claim, has been shunned from important business gatherings.
Rastelli has reportedly been asking for a restraining order against the Bakers, and a federal judge in New Jersey recently dismissed a case without prejudice.
John sent the family a cease-and-desist letter demanding they stop “making publicly disparaging or defamatory remarks against Plaintiffs, and further, cease publicly revealing Confidential Information,” according to the publication, after the reports surfaced. John criticized the interview in his own TikTok video as having a ‘false narrative.’ “The journalist, I believe the underlying issue here is, did not understand business as well as I would have liked her to,” said the clothes mogul.
What’s your thoughts on Daymond John getting a restraining order on former Shark Tank contestants? Comment below!
Readers May Also Like: