One of the star celebrity investors on Shark Tank is taking legal action against a group of former contestants whose business deal went seriously south after the show. Daymond John chose to invest in Bubba Q’s Boneless Baby Back Ribs during the fifth season of Shark Tank.
He partnered with Al ‘Bubba’ Baker (pictured above, inset), his wife Sabrina, and his daughter Brittani on the popular boneless food product.
The future looked bright after the group agreed the FUBU founder would take on 30% of the company in exchange for $300,000 on the show.
But now, that deal has soured — and there’s a vicious legal battle ongoing. Related: Kevin O’Leary & Kevin Harrington Sued For Fraud In Alleged ‘Structured Scam’! According to the Los Angeles Times, John has gone so far as to file for a temporary restraining order and a preliminary injunction against the Bakers.
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