Shark Tank investor Daymond John has filed for a temporary restraining order against three former participants.
As per the Los Angeles Times, “Bubba Q’s Boneless Baby Back Ribs” owners Al Bubba Baker and his wife Sabrina and daughter Brittani protested against John and the manufacturer Rastelli Foods Group for controlling their business and not sharing profits of the same. Zach Rosenfield, the shark’s spokesperson, revealed to People that the shark is now ready to take legal action over the false accusation “to undermine a business partnership and the legal parameters they agreed to four years ago. After repeated attempts to give the Bakers the ability to correct their violations.”
He further added, “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 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 Bakers family was first spotted on “Shark Tank” in 2013 for their pre-cooked boneless baby back ribs. On television, they claimed $300,000 for 30 percent of the company. In reality, they received around 4 percent of the publicly stated $16 million in revenue from the business. Apart from this, the Rastelli Food Group has also issued a restraining order against them. On Instagram, Bakers posted a series of videos and pictures as a subject of protest for the same.
In response to the protest, Daymond John claimed all the allegations were false. He quoted it as a “flawed interview” and a “false narrative” in the TikTok video. John even sent them a restrain letter for publicly humiliating him and revealing all the confidential information. In response to him, the family wrote, “The journalist, I believe the underlying issue here is, did not understand business as well as I would have liked her to. Sharing our experience on social media is an honest and truthful account of our journey,” they wrote. “We firmly believe that the truth is in the best interest of the public.”