Uncategorized

Daymond John hits former Shark Tank contestant with restraining order after $300K investment deal goes wrong

Celebrity investor and FUBU founder, Daymond John, has slammed former Shark Tank contestants with a restraining order. He accuses Al “Bubba” Baker, his wife Sabrina, and his daughter, Brittani, of damaging his reputation.

The Baker family, in a public statement, accused John of “misleading” them and stealing their profits, and depriving them of lucrative opportunities.

In a statement to Fox News, John said, “After repeated attempts to give the Baker’s the ability to correct their violations. It is unfortunate that it has come to this.” The statement, signed by Zach Rosenfield, a spokesperson for John, added, “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.”

He is seeking a temporary restraining order on the owners of Al “Bubba” Baker and his family for the allegations. “Their belief that they can unwind poor business decisions through slanderous social media posts and articles will no longer be tolerated,” the statement concluded.

Meanwhile, the Los Angeles Times reports that a federal judge in New Jersey dismissed the case this week without prejudice. This allowed the daughter of Bubba Q’s, Brittani, to continue to publicize the “Shark Tank” business deal on social media. 

She shared multiple email communications between Bubba Q’s and the “Shark Tank” business partners, causing John to take legal action against the family. 

In 2013, Al “Bubba” Baker, a former NFL player, appeared on Shark Tank, a popular entrepreneurial show in America. At the time, his business, Bubba’s Q Boneless Baby Back Ribs, needed capital injection to stay afloat. Although he was initially skeptical about making an appearance, his daughter convinced him to do so.

He later impressed the panelists, and after what seemed like a never-ending back-and-forth negotiation, he accepted Daymond John’s offer of $300,000 in exchange for a 30% stake in his company.

According to the Los Angeles Times, within three years, Baker’s business was promoted on the show, with various press accounts as one of the biggest Shark Tank success stories, generating $16 million in revenue.

Baker claimed that what started as their “Shark Tank” dream, they say, “has been a nightmare.” He accuses John of not only misleading them but also trying to take over their business and depriving them of the profits from potentially lucrative partnerships.

Abu Mubarik

Abu Mubarik is a journalist with years of experience in digital media. He loves football and tennis.

Recent Posts

Alison Hammond sells off glamorous old-size clothes after drastic weight loss, all proceeds go to British Liver Trust

The beloved host of This Morning, Alison Hammond, is making headlines by selling off her…

4 hours ago

Two female students make history in Michigan earning Boy Scouts’ highest rank: Eagle

Two high school students in Grand Rapids, Michigan, have earned a place in history. The…

5 hours ago

Family and friends mourn 36-year-old firefighter who died of heart attack after being laid off

Derek Floyd, a 36-year-old Fire Department of New York probationary fireman, died of a heart…

7 hours ago

4-year-old boy battling end-stage kidney disease has his dream of becoming a cop fulfilled

A 4-year-old boy fighting end-stage kidney disease lived out his dream as a cop for…

7 hours ago

Meet one of the young trailblazers in Somalia’s film-making scene who was banned from watching movies as a child

Director Abshir Rageh oversees film production at Astaan, a privately held cable television network in…

8 hours ago

Nigerians in high spirits as they anticipate Meghan’s royal visit after discovering she is 43% Nigerian

Nigerians are eagerly awaiting to welcome their "daughter" Meghan Markle's royal visit next month alongside…

23 hours ago

Restaurant employee arrested for putting his genitals in food items

Othello Larenzo Holmes has been charged with attempted indecent assault and faces five counts of…

1 day ago

Howard graduate working at the deli counter at Walmart vies for Olympics

Dylan Beard is a Howard University graduate who is currently working at a Walmart deli.…

1 day ago

Mike Tyson says he’s avoiding sex with his wife as he prepares for the Jake Paul fight

Boxing legend Mike Tyson is not taking any chances as he prepares for his July…

1 day ago

LeBron James uncertain over his future at LA Lakers after playoff loss to the Denver Nuggets

LeBron James has cast uncertainty over his future with the Lakers by declining to confirm…

1 day ago

Florida: Four teens die after crashing suspected stolen car during police chase

Four Florida teenagers were killed after they crashed a suspected stolen car during a police…

1 day ago

8th grader rescues students on school bus after their driver passes out

When their school bus driver experienced a medical emergency, Acie Holland III came to the…

1 day ago

‘Why is life so unfair and merciless?’ – Francis Ngannou mourns death of 15-month-old son Kobe

Former UFC heavyweight champion cum professional boxer Francis Ngannou took to social media on Monday…

1 day ago

This Sudanese teen has tried to cross the Channel to Britain on a small boat over 100 times to see his mother

A 17-year-old migrant from Sudan, Abdul Usman, has attempted to cross the Channel from France…

2 days ago

How these under-11-year-old sisters are making history in Maryland as CEOs

Tatiyana, Danyelle LaShay, and Jyniah Smith -- the Smith sisters -- are some of the…

2 days ago