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Edward Teach Brewing Files Lawsuit Over QR Codes and Objectionable Posts by Former Employee

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Edward Teach Brewing Files Lawsuit Over QR Codes and Objectionable Posts by Former Employee

Edward Teach Brewery has initiated a lawsuit against one of its former employees on charges of tampering with its products and bringing disrepute to the company and its owner, Gary Sholar.

Edward Teach Brewing Lawsuit Against Erik Peterson

The lawsuit was filed by Edward Teach Brewing on January 25, 2023, in which it indicted its former chief brewer, Erik Peterson, currently the director of operations for Flying Machine Brewing Company, for pasting QR codes on ERB beer cans that led to a highly derogatory Facebook post. The lawsuit alleges that the motive behind the action was to cause a loss of sales as well as damage to the reputation of the company. The lawsuit also alleges that the tampering was done on its beer cans at two Harris Teeter stores in the Wilmington area.

The incident provoked several bars and restaurants to boycott ETB products after the Facebook post, which featured the brewery’s owner, Gary Sholar, involved in an incident with a performing musician. ETB also took legal action to get time to file a lawsuit on the alleged tampering with its products.

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There are three main points on which the lawsuit has been filed-

  • Peterson acted deliberately to extract economic advantage by damaging ETB reputation
  • Redistributing a defamatory and malicious Facebook post
  • Violation of Unfair and Deceptive Trade Practices Act, N.C.G.S. § 75-1.1

The Facebook post in question was a viral video that depicted alleged misconduct by the owner of Edward Teach Brewery. Erik Peterson, the former employee, was the head brewer of Edward Teach from 2017 to 2022. He later left ETB and joined as the director of operations for Flying Machine Brewing Company in February 2022.

The lawsuit also alleges that the QR code directed consumers to an FB post authored by Peterson, showing Gary Sholar as a terrible person. It also provided a hyperlink that took users to an FB post that soon became viral on the internet in the Wilmington community.

The actual FB post was created by local musician Madonna Nash and published on December 29, 2023. It depicted Gary behaving inappropriately at her daughter’s performance. The post also stated that Sholar had touched inappropriately, disrespected, and was visibly drunk. ETB has described the post as false and defamatory.

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NIFTY scales new heights, expect Sensex to follow this time around

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NIFTY scales new heights, expect Sensex to follow this time around

Last week, the markets remained volatile but continued their upward trend, with NIFTY hitting a new high each trading session. BSESENSEX is close to surpassing its previous high, while NIFTY is expected to set a new high on Monday or Tuesday.

BSESENSEX closed the week gaining 716.16 points, and NIFTY gained 172 points. The broader markets also saw gains across different indices. While markets saw gains on three sessions, they faced losses on two days. The Indian Rupee also saw a slight gain against the US Dollar.

Vibhor Steel Tubes Limited had a remarkable debut on the bourses, listing at a gain of 178.80 percent and closing at a gain of 192.71 percent. Juniper Hotels Limited’s IPO received a lukewarm response despite being subscribed 2.07 times overall. Exicom Tele-Systems Limited is set to launch its IPO, offering power management solutions and EV chargers.

Bharat Highways Invit is set to launch an issue for fixed income investors, with units to be issued in a band of Rs 98-100. The INVIT will have initial assets from G.R. Infraprojects Limited’s HAM model, offering an attractive income yield. February futures are set to expire on February 29 amid a bullish market trend.

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TN CM lays foundation stone for VinFast's Rs 4,000-cr EV factory

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TN CM lays foundation stone for VinFast's Rs 4,000-cr EV factory

Tamil Nadu Chief Minister M.K. Stalin laid the foundation stone for VinFast group’s EV plant in Tuticorin. VinFast Auto India Ltd will invest Rs 4,000 crore in the first phase out of the planned Rs 16,000 crore investment, making Tamil Nadu the country’s EV Capital.

The plant, spread across 380 acres, will have a capacity to roll out 1,50,000 vehicles per annum. Industries Minister T.R.B. Rajaa mentioned that Tamil Nadu is already a hub for electric vehicle production in India.

Stalin distributed compensation for flood victims and criticized the central government for not providing support. Despite roadblocks, the state government has been successful in achieving its objectives and attracting investments for the state.

Since taking office in 2021, Stalin has prioritized garnering investments for Tamil Nadu. The DMK-led government’s focus on the welfare of the people has been evident in its policies and programs.

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Aadhaar, Jan Dhan giving big push to digital India ecosystem: Instamojo's CEO

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Aadhaar, Jan Dhan giving big push to digital India ecosystem:
Instamojo's CEO

New Delhi, Feb 25 (IANS) As the government accelerates its digital journey, Instamojo’s CEO Sampad Swain highlighted the impact of Aadhaar and Jan Dhan Yojana on India’s digital ecosystem. Swain emphasized on the opportunities created in the last few years, including the JAM Trinity, availability of credit, and the role of social media for small business owners.

Instamojo, a D2C tech company, provides online stores and payment solutions for e-commerce brands and startups. Despite facing a setback last year when RBI returned their license application, Swain remains optimistic and stated that they are preparing to reapply by September, with a focus on data security and compliance with regulations.

In FY2023, Instamojo reported significant profits and steady growth in its customer base, currently serving over 3 million small business owners on its platform. Swain expressed confidence in the company’s continued success, projecting a profitable year in 2024.

The CEO highlighted the importance of adapting to regulatory requirements and maintaining a strong customer base in the competitive digital market. Instamojo’s focus on empowering small businesses with online tools and payment solutions has contributed to its growth and success in the evolving digital landscape.

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