The 222-page complaint details a complex story of the family-run business, which did not turn out as expected. “I work hard for and respect money and take any attempt to unethically extract it from me very seriously.” “I will not continue to allow people to create their own narrative based on a false reality,” Lemonis said in a statement. Lemonis said that the claims are baseless. A spokeswoman for CNBC declined to comment. Representatives for Machete and NBC did not respond to requests for comment. ![]() Feldman, the Chapter 7 trustee, said in the lawsuit. “NBCUniversal and, subsequently Machete, created a mob-style scam that disparaged, denigrated, and falsely portrayed the businesses they promised to help, like Precise Graphix,” Lynn E. ![]() Instead of helping the business, the show caused its demise, according to a lawsuit filed in Los Angeles County Superior Court this week that is seeking at least $30 million in damages. Seven years later the company, Precise Graphix, is in bankruptcy and its trustee is pinning the blame for its misfortune on NBC and Lemonis.Ī trustee for the estate is suing NBCUniversal, the production company Machete and the retailer Camping World, which is partly owned by Lemonis, on allegations including fraud and breach of contract. In 2015, Dean and Keith Lyden’s Allentown, Pa., design company was featured on the CNBC show “The Profit,” a popular, eight-season-long show about struggling businesses that swap a stake in the company for cash and the guidance of presenter and entrepreneur Marcus Lemonis.
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