WESTON, Fla., Nov. 25, 2020 (GLOBE NEWSWIRE) -- Just months into a tumultuous business relationship, on Oct 23, 2020 Bang Energy gave PepsiCo notice of termination as their exclusive distributor for Bang Energy.
Alleging that PepsiCo failed to meet contractual and joint business plan commitmentsand requirements under thedistribution agreement, Bang Energy has filed suit today further alleging that PepsiCo has engaged and continues to engage ingross misconduct. “Unfortunately, we were blindsided and bamboozled.” –Jack Owoc
As previously stated, PepsiCo has been legally terminated by Bang Energy over a month ago. Bang® Energy also alleges in the lawsuit that since being terminated, PepsiCo has falsely represented to independent distributors and retailers that PepsiCo is Bang’s exclusive distributor.
The lawsuit also alleges that PepsiCo has resorted to intimidation tactics with independent distributors and major retailers like Walmart threatening lawsuits against anyone who fails to purchase Bang Energy exclusively from Pepsi.
The Bang & Olufsen app guides you through the setup of your products step-by-step, and helps you personalise your product functionality and music experience. Sound adjustment Once a product is set up, use the app to access product specific sound settings, giving you beautiful sound no matter what your favourite genre is. Bangs are shortcuts that quickly take you to search results on other sites. For example, when you know you want to search on another site like Wikipedia or Amazon, our bangs get you there fastest. A search for!w filter bubble will take you directly to Wikipedia. Exclamation mark (!), a punctuation symbol sometimes called a 'bang' in the 1950s Interrobang (‽), a nonstandard punctuation mark intended to combine the functions of the question mark and the exclamation mark (the latter is known in printers' and programmers' jargon as a 'bang'). Noun a loud, sudden, explosive noise, as the discharge of a gun. A resounding stroke or blow: a nasty bang on the head. Verb (used with object). Nov 26, 2020 Bang® Energy also alleges in the lawsuit that since being terminated, PepsiCo has falsely represented to independent distributors and retailers that PepsiCo is Bang’s exclusive distributor.
Bang® Energy further alleges in the lawsuit that PepsiCo, has repeatedly and intentionally sabotaged Bang Energy in the vast retail market.
Make no mistake – PepsiCo has been legally terminated! PepsiCo is no longer Bang Energy’s exclusive distributor. All retailers and third parties are legally free to purchase direct from Bang Energy and its extensive network of authorized distributors. Again, PepsiCo is no longer legally Bang Energy’s exclusive distributor.
Any retailers and distributors who have experienced harassment and tortious business interference and need indemnification, or for more information please contact: Legal@bangenergy.com.
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For daily trendsetting updates stay connected by following Jack Owoc on Instagram @BangEnergy.CEO & @BangEnergy and/or visit Bang Energy’s website, www.bangenergy.com
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