News Hub | News Direct

Consumer

Baby/Maternity Children Family LGBT Men Religion Teens Women
Article thumbnail News Release

This Independence Day: Meet the U.S. Army Soldier Next Door

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/UOderlkXedk For more information, visit GoArmy.com Over the past 248 years, the U.S. Army has evolved to include Soldiers from every state in America and many foreign nations who represent the cultural backgrounds, experiences, and passions that reflect who we are as Americans. They are first-generation Americans, artists, musicians, athletes, scientists, doctors, authors, sons, daughters, fathers, and mothers. They are Soldiers who are dedicated to serving our country. As we celebrate our nation and approach July 4 th, now is a unique opportunity to learn of the unexpected stories of the accomplished men and women who have dedicated their lives to service. These Soldiers are also ushering in an era of change for the U.S. Army marked by modern policies that reflect the needs of a new generation. A striking example of this is Maj. Shahin Uddin, a Bangladesh-native, Army Public Affairs Officer, and father of 12 children. He lives out what it means to be a Soldier by exceptionally balancing his passion for service with his purpose in honoring his culture and caring for his family. Maj. Shahin Uddin conducted a media tour to discuss how the Army ranks have evolved with Soldiers who represent the multicultural backgrounds, experiences and passions that reflect who we are as Americans. Some of the topics Maj. Uddin discussed included: Maj. Uddin’s path to service Who serves in the U.S. Army today. Some of the misconceptions civilians have about Soldiers and military life How the Army is modernizing to support the needs of a new generation Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 30, 2023 09:00 AM Eastern Daylight Time

Video
Article thumbnail Digital Asset Direct

SUMMER'S TRENDING PRODUCTS

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

June 30, 2023 06:00 AM Eastern Daylight Time

Video
Article thumbnail News Release

Fun learning platform Kidovo raises $1.2M funding round to provide personalised interactive learning to every child

Kidovo

The next generation of children are growing up with digital devices all around them. As a result, they’re spending increasing amounts of time on these devices in passive consumption of content which is leading to a range of development issues. In addressing this pressing concern, fun learning platform Kidovo is today launching with a $1.2 million seed funding round to provide every child (2-8 years old) with personalised interactive learning. The funding round saw participation from Venture Highway, Amplify PCC, Good Capital, & prominent angels including Ashish Singhal from Coinswitch among others. Using interactivity, Kidovo is aiming to turn passive consumption into active participation from kids, which helps avoid many of the problems prevalent today with kids’ screen time. Kidovo was founded by Sameer Goyal, ex Amazon & AWS engineer, and Rahul Bhatnagar, ex Uber, Cubical Labs, Amazon. They met while beginning their careers at Amazon over a decade ago. Together, they have a combined experience of over 20 years in the tech industry. “When Rahul reached out to me, about building an interactive learning platform for kids, I was sure something like this must exist. But I was surprised to see very few options for such content. Further, we both realised the massive size of this problem. This affects most of the kids on the entire planet. We started researching the space and found that there is a massive opportunity to build better learning experiences for kids using the latest technology.” said Sameer Goyal, co-founder of Kidovo. “We’ve been testing the early versions of the product with a small group of about 60 families as part of our co-builder program since December 2022. While we have been constantly improving the product based on feedback from that program, the platform has already grown to serve 4000 registered families. Further, as a testament to our team’s commitment to improving kids’ learning experience and safety, we have already received kidSAFE COPPA+ certification as well as a 5 star certification from educational app store in just 6 months since our platform accepted its first external user. We are now confident in serving more users on our platform and have begun rolling out our paid subscription plans.” Recent studies have suggested that kids spend about an hour everyday on Youtube. With shortage of workers in the childcare industry, increasingly these devices are the child’s nanny ( Source ). Further, since generation alpha is the first generation to grow up around digital devices, parents are increasingly finding it difficult to limit screen time without access to other sources of more meaningful & productive entertainment for children. The American academy of Pediatrics recommends for children 2 to 5 years of age to limit use to 1 hour per day of high-quality programming, while parents co-view & help children understand the content and help them apply what they learn ( Source ). Kidovo is designed to provide children with a digital playmate, who would fulfil the above responsibilities when a parent is unavailable to do so. “We found that existing interactive solutions were too focussed on academic outcomes & hence were unable to engage the child over a long period of time. Further, they lacked the variety of content that would support children as they explore different areas of interest. Therefore, we decided to work together with the best kids content creators and empower them with interactive tools to make more engaging content.” said Rahul Bhatnagar, co-founder of Kidovo. Since children are spending increasing amounts of time on digital devices, the time they spend practising speaking has gone down leading to speech delay problems. The team has devised an innovative approach to get kids to speak while learning on their platform. One of the forms of interactivity on the platform is where kids are asked questions from the content and they need to speak to answer and get real time feedback almost as if there’s a real life tutor with them. The owl mascot, Ovo, also involves kids in casual conversation to help them build confidence to express themselves. Kidovo not only helps children with healthier screen time options, but also helps parents participate in their children’s learning journeys. The platform offers parents key moments they might have missed from their kids’ activity on the platform, they can hear their kids speak, see what they drew. Further, parents are offered tips on activities & discussions that they can engage in with their kids based on their activity on the platform. Kidovo plans to use this investment to move closer to their vision of empowering every child worldwide to reach their full potential through personalised, immersive, and engaging experiences that make learning fun and accessible. About Kidovo Kidovo is a fun learning app providing personalised, interactive learning for kids between 2-8 years of age. Kidovo curates content from the best kids' content creators like SciShow Kids, Kiboomers, Learning Mole and many more and adds fun educational activities where children tap on the screen, respond with their voice, and even colour on the screen. Kidovo's mascot, Ovo, the owl will be kids’ digital buddy, and engage and talk with them. Kidovo shows parents what their kids are learning using their child's audio, coloring sheets and much more. Contact Details Kidovo Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.kidovo.com/

June 29, 2023 09:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Summer Road Trip Maintenance Guide

YourUpdateTV

Road trips are a great way to get out there and explore this summer. And while it’s certainly fun to make unexpected pit stops at roadside attractions along the way, the last thing you want to do is make an unexpected stop because of a problem with your vehicle. Recently, ASE Certified Mechanic, Audra Fordin, partnered with Chevron to discuss some simple tips to help save you time, inconvenience, and money this summer. A video accompanying this announcement is available at: Before hitting the road, remember to polish your headlights. Headlights used to be made out of glass, but nowadays they are made from plastic which can be easily oxidized from the sun, causing a haze to form over the light that can reduce your visibility. If you see cataracts starting to form on your headlights, give them a quick polish. You can find easy headlight restoration kits available at your local auto store or online. Also make sure to check your tires. If you see any bulges, tears or cracks, replace them immediately to avoid a potential blow out. Most tires typically last 3 to 5 years so if yours are in that span or older (you can check the manufacturer’s date on the side of the tire), it’s time to replace them. And of course, check your oil. If you know you’re due for an oil change, have it changed. If you’re unsure, you can always check your oil dipstick – if the oil doesn’t reach about the “add” line or is dark and not golden in color, it’s time to replace it before you leave. Audra recommends Havoline® LIFELONG Full Synthetic Motor Oil, which delivers outstanding performance at any stage in a vehicle’s life, whether you’re driving something new or something with over 75,000 miles on it. It also comes in Havoline’s recyclable Smart Change packaging, reducing plastic waste by 70% compared to traditional quart bottles. In addition, Havoline ® PRO-RSTM Renewable Full Synthetic Motor Oil, is a top-tier, renewable full synthetic motor oil that includes 25% sustainably sourced plant-based oils. It’s the best performing full synthetic oil in the Havoline portfolio and offers superior fuel economy retention to help save on fuel costs. One other great – and easy - fuel saving tip is to use Techron Complete Fuel System Cleaner. It’s a fuel additive that will deep clean and protect your entire fuel system, optimize engine performance, and maximize fuel economy to save more with every pour. All you have to do is just pour it into your gas tank once a season before you hit the road and you’re ready to go! Visit www.havoline.com or www.techronclean.com for more information and be sure to check out www.Walmart.com and select Walmart stores for Havoline and Techron products. About Audra Fordin Audra Fordin is an ASE Certified mechanic and fourth generation shop owner at Great Bear Auto in Flushing, New York. As a small business owner, PTA mom and girl scout troop leader, Audra knows how to juggle family life, run a fully staffed, successful auto repair shop and is determined to teach women across the country how to do their own automotive maintenance, which is why she’s also the founder of Women Auto Know and Drivers Auto Know, engaging and hands on workshops where drivers of all skill levels learn how to “pop open the hood and do it themselves.” Audra has made appearances on Ryan and Kelly, Rachel Ray, the Today Show, Inside Edition, and CNN, among several local news appearances, to share car care tips with millions of viewers. She also is the host of Motorweek’s Your Drive and serves on several automotive advisory boards. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 28, 2023 10:30 AM Eastern Daylight Time

Video
Article thumbnail News Release

Living with Myasthenia Gravis: The Rare Autoantibody Disease That Causes Muscle Weakness and Severe Fatigue

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/-FuYn9PdBdI What would you do if you began to have symptoms of drooping eyelids and difficulty speaking? A rare and unfamiliar condition that turned to a daily struggle to chew, swallow, smile, see, or even lift your arms, legs, and neck. That is what happened to Meridith O’Connor at the age of 13 and after two long years of doctor visits, she was finally diagnosed with myasthenia gravis, also known as MG. Myasthenia gravis is a chronic autoantibody condition of the nervous system that affects muscle strength and makes everyday activities like standing, blinking, swallowing, and moving your arms challenging. MG is a highly debilitating rare disease for which there currently is no cure. As many as 60,000 Americans, and 700,000 people worldwide are living with the condition. June is Myasthenia Gravis Awareness Month, which provides an opportunity for people around the world to recognize the impact of MG. On June 26th a media tour was conducted with Meridith O’Connor, Assistant Vice President of Patient Engagement, Advocacy, and Policy for the Myasthenia Gravis Foundation of America (MGFA), and Dr. Nicholas Silvestri, an associate professor of neurology at the University at Buffalo Jacobs School of Medicine and Biomedical Sciences, to learn the latest on the disease and how it affects those living with it. Approximately 85% of people living with MG experience the more extensive form of the disease, generalized myasthenia gravis (gMG). MG affects both men and women and occurs across all ages and racial and ethnic groups. However, it most commonly impacts young adult women and older men. Diagnosis is often a long, frustrating, and painful journey for patients. This is because muscle weakness is a common symptom of many disorders, and symptoms can fluctuate. Patients often face months or years of untreated symptoms before they receive an accurate diagnosis, which is why they are often diagnosed at an older age. Despite availability of treatment options, significant unmet need persists, as up to 20% of patients do not respond to existing treatments and are left with no effective therapeutic options. Research is needed to develop new treatments for those who may not respond well and/or tolerate current therapies. FOR MORE INFORMATION VISIT: IMAGINEMYMG.COM THIS MEDIA TOUR IS BROUGHT TO YOU BY THE JANSSEN PHARMACEUTICAL COMPANIES OF JOHNSON & JOHNSON. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 28, 2023 10:02 AM Eastern Daylight Time

Video
Article thumbnail News Release

Fresh and Fun 4th of July Party Ideas for Your Barbecue Bash

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/8tpbMSiWRsI If you’re celebrating Independence Day this year — and statistics say you probably are — your plans most likely include food. The National Retail Federation found that 86 percent of Americans plan to do something to celebrate our country’s independence, and for 61 percent of them, it means having a cookout, barbecue, or picnic. If you are hosting, or even attending, a 4th of July get together how do you prep and plan and have fresh and fun ideas. Lifestyle Expert, Bethany Braun-Silva has you covered with great ideas for what to eat and drink and how to stay healthy during your festivities. Healthier and better for you options that will delight our guests this summer Mighty Sesame Tahini is the hugely popular maker of all-natural, high-quality Squeeze and Serve Organic Tahini made with one ingredient…the highest quality sesame seeds that are sustainably sourced. The delicious, creamy texture makes this a better for you complement to dressings mon items like on summer salads, as well as for recipes, dips,meats and veggies and your favorite wraps and sandwiches. You can drizzle directly from the bottle or add it to any recipe to add 8g of plant-based protein per serving. When it comes to beverages, one that is in Bethany’s rotation is a cold-pressed juice option from Wonder Melon. Wonder Melon has the sweetness and nutritional value of watermelons, is organic, all natural and has no added sugars. It can be enjoyed right from the bottle cold, or you can enjoy as a delicious drink mix. Wonder Melon is available in three mouthwatering flavors: Watermelon Cucumber Basil, Watermelon Lemon Cayenne, and new Watermelon. Spending time outdoors and being mindful of mosquitoes The 4th of July is a holiday to be spent outdoors, so whether you’re camping, hosting a BBQ or heading to the beach, you don’t want your fun to be ruined by mosquitoes. As you’re thinking about what to buy for your vacation or party, add OFF!® Clean Feel to your list for protection from mosquitoes, ticks and biting flies. OFF!® Clean Feel is a fragrance-free, non-sticky repellent and since it’s formulated with Picaridin, it feels good on skin and won’t damage clothing. It repels mosquitoes for up to 8 hours, so you can use OFF!® Clean Feel with confidence and enjoy the holiday outdoors uninterrupted. Prevention is the best protection from mosquitoes. Bug spray is most effective when applied before mosquitoes start to bite, so you should apply it before getting to your 4th of July activity. If you are planning outdoor celebrations and travel how do you protect yourself against contaminated air Airborne Particle Blocker® is the first a nd only topical gel that prevents airborne particles from entering the nose. You apply a small amount of gel around your nasal passages, and it acts as a barrier. It blocks virus-sized particles, pollen, pollution, pet dander and dust. Available in Unscented and Cool Menthol, Naslaguard has products specific for Air Travelers, Pet Lovers, Allergy Sufferers as well as a mask spray, nasal spray and an antiseptic topical gel. The product is safe, drug-free, and non-irritating for the whole family - children, the elderly, and pregnant or nursing women. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 28, 2023 09:44 AM Eastern Daylight Time

Video
Article thumbnail News Release

Garde Robe by UOVO Launches App and Expands into Bridal

Garde Robe by UOVO

Garde Robe by UOVO, the leading wardrobe storage and services firm established in 2001, is pleased to announce a first of its kind digital closet app as well as dedicated bridal storage services. The MyCloset app represents Garde Robe by UOVO’s commitment to providing its clients with a unique and seamless level of service. The app fuses the Garde Robe by UOVO experience with the most up to date digital technology. OrbitVu 360° cameras photograph items to be uploaded to each account for inventory and insurance purposes. Clients can then view and access their wardrobe on the app and schedule seamless, white-glove pick-up and delivery. Soon to come is the shareable MyStyle function where clients or their stylist can create and save looks based on items in their Closet. For example, a client or stylist can create looks in the app, then Garde Robe by UOVO will pull, pack and ship domestically and internationally, ideal for special occasions, change of seasons or luggage-free travel. Garde Robe by UOVO is also introducing storage services specifically dedicated to bridal to provide clients with a luxury alternative to the common practice of pushing your beloved gown to the back of your closet or storing with a local dry cleaner. Clients can have their gown, suit and accessories cleaned by a third party and prepped for storage, or Garde Robe by UOVO will assess the needs of the gown and other garments onsite to be packed in acid-free tissue in a custom size box with specific care requirements to ensure long-term preservation. “We are thrilled to introduce the My Closet app and bridal storage services to our clients,” said Brennan Lowery, General Manager, Garde Robe by UOVO. “Our goal is to always meet and exceed our clients’ needs with the most innovative technology, services, and facilities possible. The MyCloset app brings a new level of ease and access, so that clients can interact with their wardrobe and collections as if they’re shopping on a luxury e-commerce platform. Additionally, clients can choose to work directly with their Wardrobe Manager for direct, custom one-to-one service.” Like UOVO at large, Garde Robe by UOVO is more than just storage. Staffed by professionals with dedicated expertise and scholarship within the field of fashion, Garde Robe’s suite of services is on par with luxury hospitality and museum-grade archiving and preservation. All clients have access to climate-controlled storage, preservation, shipping, luggage-free travel, private viewing rooms, archiving, cataloging, mending, and cleaning at three state-of-the-art UOVO facilities that are specifically outfitted for garment and accessories care in Brooklyn, Los Angeles and Palm Beach. The announcement of these expanded services reflects an ambitious new chapter of increased resources, services, and capacity under new ownership for Garde Robe by UOVO. UOVO, which began as a boutique art storage and collection management company, has expanded its portfolio to include wine and fashion, acquiring Garde Robe in 2021, and more recently, Domaine, the premier storage, advisory and logistical firm for wine connoisseurs in the U.S. market, earlier this year. UOVO Fashion is equipped to manage the collections and wardrobes of commercial and private clients with enhancements to existing services and expansion into new offerings. Garde Robe by UOVO offers more than just wardrobe storage to create a unique experience on par with elite hospitality. Operating at a concierge level, Garde Robe by UOVO offers comprehensive stewardship of both world class brand and personal collections at state-of-the-art facilities across the U.S. Our suite of services includes maintenance, preservation, archiving, cataloging, luggage-free delivery and storage, managed through one-to-one personal relationships as well as full digital optimization. Contact Details Garde Robe by UOVO Malinda Torres Rebholz +1 917-699-6665 mtorres@ogakidigital.com Company Website https://garderobeonline.com/mycloset/

June 27, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Auto Parts 4Less Group, Inc. Unveils Significant Business Progress and Future Plans in Latest Investor Update

Auto Parts 4Less Group Inc

Auto Parts 4Less Group, Inc. (OTCQB: FLES ) (“Company”, “FLES”), the operator of AutoParts4Less.com, a specialized automotive parts marketplace, is pleased to provide an investor update. Dear Investors, I hope this message finds you well. We are excited to share our accomplishments over the past eight months, the challenges we've faced, and our plans for the future. Company Performance Overview We have made significant strides in expanding our product range. We now boast over 5.3 million products in our catalog. This is an incredible milestone, a result of our continued efforts to attract the largest and best sellers worldwide to our marketplace. Product Search and User Experience Recently, we launched Elastic Search, a significant improvement to our top-down funnel search on the platform. This enables our customers to easily find what they're looking for by simply typing it in. This project took a bit longer than expected, but we're pleased to see it live and running. We'll continue to improve this functionality in the coming months and years. Our landing page also underwent minor updates to enhance the buyer and seller experience on our site, a constant endeavor to ensure customer satisfaction. Business-To-Business Program The other major project in the works is our B2B program, which we believe is the future of our company. It will benefit sellers and buyers alike. For instance, small businesses, tire centers, and install centers across America will have the chance to register and apply to buy as a wholesale buyer, gaining access to significant savings. This feature, set to go live in the first or second week of July, is a feature we believe will revolutionize the ecosystem in which we operate. Financial and Operational Efficiency We are heavily focused on cost reduction and the economics of marketplaces, which are proven to be cost-effective business models. While we are eager to grow, we understand that growth can be costly, and we are striving to balance our growth goals with financial efficiency. This is all with a view to achieving profitability as quickly as possible. Capital Market Challenges As most investors are aware, our goal was to list on the NASDAQ. However, due to unforeseen circumstances in the capital markets, we were unsuccessful and had to withdraw our S-1 registration statement. This has put us in a challenging position in terms of raising capital. Future Funding Prospects We're actively exploring various funding options to overcome our financial challenges. Details are premature at this stage, but rest assured, we're committed to securing a robust financial future for our company and stakeholders. Updates will be shared as we make progress. Company Leadership On the leadership front, I have taken over all responsibilities for our subsidiaries and parent company after the retirement of Tim Armes, our former board chairman. I am excited and enthusiastic to lead our company forward and continue to grow our presence in the auto parts industry. Financial Reporting We acknowledge that our filings have been late and are making every effort to bring them up to date. The reality is that audits are expensive, and our limited access to capital made it difficult to initiate them on time. However, we've already invested a substantial amount in an audit, with the goal of completing it by the end of July. In conclusion, we remain dedicated to overcoming the current challenges and moving forward with our strategic plans. We're excited for what's to come and sincerely appreciate your support and patience during these times. We will keep you informed about any new developments and remain committed to ensuring our company thrives in the long run. Thank you for your continued support and belief in our vision. Christopher Davenport CEO Auto Parts 4Less Group Inc About Auto Parts 4Less Group, Inc. Auto Parts 4Less Group, Inc. (the “Company”) entered the online auto parts business in 2015, selling lift kits and other aftermarket accessories for Jeeps, Trucks, and SUVs on eBay and Amazon. In early 2020, the company began developing AutoParts4Less.com as a multi-seller enterprise-level marketplace dedicated to consolidating the $500 billion annual aftermarket automotive parts industry, including cars, trucks, boats, motorcycles, and RVs, on a single platform. AutoParts4Less.com officially launched with around 2 million parts from over 25 parts sellers in November 2022. For more information about Auto Parts 4Less Group, Inc., please visit AutoParts4LessGroup.com Forward-Looking Statements This information also contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, “possible,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this presentation. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Industry data provided herein is of no predictive value regarding the future sale of the Company’s products. No information in this press release should be construed as any indication whatsoever of the Company’s future financial results, revenues, or stock price. For more information, contact: Email: investorrelations@ap4less.com Contact Details Auto Parts 4Less Group investorrelations@ap4less.com Company Website https://www.the4lessgroup.com/

June 26, 2023 12:17 PM Eastern Daylight Time

Image
Article thumbnail News Release

Tribe WOD Founders Sue Factory 14 and Razor Group, Alleging Fraud and Breach of Contract

Tribe WOD

The founders of Tribe WOD, a prominent cross-training and fitness equipment manufacturer, have filed a lawsuit against brand aggregators Factory 14 and Razor Group, citing deceit, fraud, breach of contract, unfair and deceptive trade practices, and unjust enrichment, among other offenses. The lawsuit, filed in Massachusetts Superior Court, alleges that the defendants, Factory 14 and Razor Group, failed to fulfill promises made during the acquisition of Tribe WOD. Alleged breaches of the agreement include failure to make earn-out payments as well as failing to provide access to business records – all outlined in the acquisition contract. Originating from a humble Massachusetts garage, Tribe WOD founders Alexandre Vitet and Jared Bane built their company into a $2.5 million enterprise before selling it to Factory 14, which later resold it to Razor Group. Despite promises of global expansion, enhanced marketing, access to industry experts, and potential earn-out payments, the plaintiffs argue that the defendants neglected their commitments, substantially harming the company and disregarding U.S. laws and business practices. Tribe WOD, which launched in 2019, swiftly grew to over $2.5 million in sales in just a few months, establishing strong sales channels via Amazon, Shopify, and various online platforms. This success attracted several potential buyers, with Factory 14 standing out due to its promise of multiple payments tied to Tribe WOD's annual earnings through earn-outs. The lawsuit contends that shortly after the acquisition, Factory 14 sold the assets of Tribe WOD to Razor Group, bypassing an anti-assignment provision in the original agreement. It is alleged that Factory 14 knowingly withheld information regarding this potential transaction from the plaintiffs. According to the lawsuit, Vitet and Bane had doubled revenue year-over-year and had expected to, at a minimum, match that. The lawsuit states that based on the promises made during the courtship and due diligence phase, there were immediate red flags after signing the acquisition agreement, and the situation quickly spiraled downward. Moreover, the complaint asserts that both Factory 14 and Razor Group systematically dismantled Tribe WOD, dismissing in-house creative content specialists and neglecting basic operational necessities. According to the lawsuit, Factory 14 and Razor Group failed to comply with federal and state tax, wage, and import laws and otherwise mismanaged the business financially. The lawsuit also states that the defendants had no U.S. bank account or credit card and were unable to obtain either and thus were unable to pay any of the company’s bills. The lawsuit alleges that the failure to pay basic bills led to lost revenue and the ability to serve existing customers or expand to new markets. The plaintiffs claim that their consulting agreements were prematurely terminated and allege that income from Tribe WOD was siphoned off to other businesses. The lawsuit alleges that Factory 14 and Razor Group essentially turned a thriving brand built by the founders with a rabid customer following into an Amazon seller with no identity, and loaded with unnecessary fees. The lawsuit seeks compensatory and multiple damages and injunctive relief, compelling the defendants to provide accurate and complete financial data. Interestingly, Razor Group faces a similar lawsuit in Texas, as it is being sued by the founders of Kettlebell Kings in a case with similar allegations. On its website, Razor Group states that it is trusted by leading investors Blackrock, Victory Park Capital, and Fortress among others. The Tribe WOD lawsuit was filed in Massachusetts Superior Court by Garage Sweat, LLC f/k/a Tribe Wod, LLC, Jared Bane, and Alexandre Vitet against Factory 14 UK Acquisition IV, Ltd., Razor Group GMBH, and Razor Group USA, LLC. This case has been accepted into and will be litigated in the Business Litigation Session, a business-focused sub-department of the Massachusetts Superior Court sited in Boston, Suffolk County, Massachusetts. The lawsuit can be downloaded here and at LawsuitPressRelease.com. -end- Source: Garage Sweat, LLC f/k/a Tribe WOD, LLC Contact Details LawsuitPressRelease.com John P. David +1 888-859-6637 john@LawsuitPressRelease.com

June 26, 2023 11:01 AM Eastern Daylight Time

1 ... 6162636465 ... 181