Former "Shark Tank" participants are the targets of a lawsuit and restraining order filed by celebrity investor Daymond John. Following his inclusion in the business reality TV show, the Baker family called working with John a "nightmare" and lambasted him online.
The Baker family, who had previously revealed information on the "Shark Tank" business deal, said that John had "misled" the proprietors of Bubba Q's Boneless Baby Back Ribs, stolen their profits, and denied them of lucrative chances.
"After several attempts to allow the Bakers to make amends for their breaches. It is terrible that it has reached this point, said Zach Rosenfield, a representative for John.
The Baker's flagrant attempts to disrupt a commercial relationship and the legal restrictions they agreed to four years ago are the reason for this interim restraining order, according to the court. Due to the claims, John is requesting a temporary restraining order against Al "Bubba" Baker, his wife Sabrina, and their daughter Brittani.
The statement added, "Their belief that they can undo bad business decisions through slanderous social media posts and articles will no longer be tolerated." The Los Angeles Times reports that a federal court in New Jersey last week dismissed the lawsuit without prejudice due to jurisdictional concerns.
Three days after the Los Angeles Times report went public, John added his response to the criticism in a social media video. For "intentionally" breaking a confidentiality agreement, the "Shark Tank" investor attacked the Baker family. Following the Times' public "false narrative" accusation against him, John urged his followers to "always stand up for themselves." He also said that because of a confidentiality agreement, he was unable to offer any other information on the subject.
Brittani, Bubba Q's daughter, keeps promoting the "Shark Tank" business transaction on social media, which prompts John to file a lawsuit against the family. The "Shark Tank" celebrity, according to Brittani and the Baker family, allegedly changed the terms of their original agreement, continually disregarded their objections, and left them out of crucial business meetings.
She also provided a recording of a discussion she and John had discussing the financial worries her family experienced.
"I'm not going to handle it in any way when you submit it to me. I suppose whichever you guys set up the communication, you have to maintain communicating to the folks," John answered.
"Without having to deal with the argument about these stuff, my life has become a little bit simpler. They could have a valid argument, or they might be mistaken, but only you are going to jump in and screw it up.
The Bakers presented their boneless baby back ribs in 2015 on the fifth season of "Shark Tank." The family said that John's initial offer of $300,000 for 30% of the firm agreement was reduced off-air to $100,000 for 35%.
According to the media site, The Bakers have been public about their reservations about establishing the commercial agreement with John and Rastelli Foods Group, the meat producer hired to make Bubba Q's Boneless Baby Back Ribs patent. Additionally, the family claimed that they only received 4% of the $16 million in income from the company.
The Baker family, who had previously revealed information on the "Shark Tank" business deal, said that John had "misled" the proprietors of Bubba Q's Boneless Baby Back Ribs, stolen their profits, and denied them of lucrative chances.
"After several attempts to allow the Bakers to make amends for their breaches. It is terrible that it has reached this point, said Zach Rosenfield, a representative for John.
The Baker's flagrant attempts to disrupt a commercial relationship and the legal restrictions they agreed to four years ago are the reason for this interim restraining order, according to the court. Due to the claims, John is requesting a temporary restraining order against Al "Bubba" Baker, his wife Sabrina, and their daughter Brittani.
The statement added, "Their belief that they can undo bad business decisions through slanderous social media posts and articles will no longer be tolerated." The Los Angeles Times reports that a federal court in New Jersey last week dismissed the lawsuit without prejudice due to jurisdictional concerns.
Three days after the Los Angeles Times report went public, John added his response to the criticism in a social media video. For "intentionally" breaking a confidentiality agreement, the "Shark Tank" investor attacked the Baker family. Following the Times' public "false narrative" accusation against him, John urged his followers to "always stand up for themselves." He also said that because of a confidentiality agreement, he was unable to offer any other information on the subject.
@thesharkdaymond I’m not one to give oxygen to false information and bogus claims - especially ones that are rehashing things that were addressed through the legal process nearly 4 years ago. But I know when I need to stand up for myself. Here are my thoughts on the recent @latimes story that has tried to take down Shark Tank and go after me. I have nothing at all to hide whatsoever because I know the truth is on my side. #sharktankupdate #SharkTank #FinancialIntelligence ♬ original sound - Daymond John
Brittani, Bubba Q's daughter, keeps promoting the "Shark Tank" business transaction on social media, which prompts John to file a lawsuit against the family. The "Shark Tank" celebrity, according to Brittani and the Baker family, allegedly changed the terms of their original agreement, continually disregarded their objections, and left them out of crucial business meetings.
She also provided a recording of a discussion she and John had discussing the financial worries her family experienced.
"I'm not going to handle it in any way when you submit it to me. I suppose whichever you guys set up the communication, you have to maintain communicating to the folks," John answered.
"Without having to deal with the argument about these stuff, my life has become a little bit simpler. They could have a valid argument, or they might be mistaken, but only you are going to jump in and screw it up.
The Bakers presented their boneless baby back ribs in 2015 on the fifth season of "Shark Tank." The family said that John's initial offer of $300,000 for 30% of the firm agreement was reduced off-air to $100,000 for 35%.
According to the media site, The Bakers have been public about their reservations about establishing the commercial agreement with John and Rastelli Foods Group, the meat producer hired to make Bubba Q's Boneless Baby Back Ribs patent. Additionally, the family claimed that they only received 4% of the $16 million in income from the company.
