‘Shark Tank’ Investor Daymond John Requests Restraining Order Against Former Show Contestants Who Accused The Entrepreneur Of Cutting Them Out Of Profits & Trying To ‘Seize’ Their Business
Not all business deals go smoothly.
Al “Bubba” Baker, owner of Bubba Q’s Boneless Baby Back Ribs, learned this the hard way after his partnership with “Shark Tank” investor Daymond John lead to a restraining order.
According to reports, the situation escalated following a recent profile interview of Baker, alongside his wife Sabrina, and daughter Brittani. The family reportedly made serious accusations against Daymond John, claiming he has been leaving Baker out of key business meetings and alleging they’ve only seen 4% of the publicly stated $16 million revenue the business has done since they struck their deal on “Shark Tank” back in 2013. The family has also shared a series of photos and video’s online to support their claims.
In response, Daymond John’s legal team subsequently submitted a request to have a restraining order in place against the family. A rep for the 54-year-old media personality reportedly stated about the legal document:
“After repeated attempts to give the Baker’s the ability to correct their violations. It is unfortunate that it has come to this,”
“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.”
Getting what most entrepreneurs desire from the ABC series, Baker reportedly agreed to John’s offer on TV to receive $300,000 in change for 30% ownership in the company, which the family claims was adjusted to $100,000 for 35% off the air. It’s noted that the Bakers also have expressed concern over the businesses manufacturing partner Rastelli Foods Group. Reportedly, a case regarding the situation has already been dismissed by a federal judge in New Jersey without prejudice. It’s additionally noted that Rastelli has also begun the process of seeking a restraining order against the Bakers.
John briefly spoke about the ordeal via Tik Tok recently, calling the Bakers’ interview “flawed” and a “false narrative. Reportedly, he subsequently sent a cease and desist to the family to prevent them from,
“making publicly disparaging or defamatory remarks against [Daymond John], and further, cease publicly revealing Confidential Information,”
Reportedly, the Bakers also sent a letter to a court judge, accusing John and Rastelli of causing:
“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…We firmly believe that the truth is in the best interest of the public.”
At this time, a restraining has not yet been granted against the Bakers.
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