Employees Sue Antioxidant Drink Company Bai Brands, LLC For $1.7 Billion
Employees Sue Antioxidant Drink Company Bai Brands, LLC For $1.7 Billion
Three former employees of antioxidant drink company Bai Brands, LLC have sued the company and its recently departed founder and CEO, Ben Weiss, for allegedly cheating them out of the fair market value of their ownership stakes in the company ahead of its $1.7 billion sale to Dr Pepper Snapple (DPS) last November.
Michael Scarry, Alexis Rodriguez and Barton Bennett filed the complaint in the Court of Common Pleas of Philadelphia County, Trial Division on June 29, claiming tortious interference against Weiss and accusing Bai of breach of contract and failure to pay wages following their termination from the company less than three months before its acquisition by DPS.
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