REMINDER — Bang® Energy Sues Pepsi, Claiming Vindictive Misconduct

WESTON, Fla., Dec. 01, 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.

A
lleging that
PepsiCo
failed
to
meet
contractual and joint business plan
commitments
and requirements
under
the
distribut
ion
agreement
,
Bang
Energy
has filed suit
today
further
alleging
that Pepsi
Co
has
engaged and continues to engage
in
gross
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.

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: [email protected].

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