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Tag Archives: Marcus Lemonis

Lemonis picks winner of The Partner

Camping World logo

(April 6, 2017) -- Serial entrepreneur and investor Marcus Lemonis has selected "The Partner." Last night, on the season finale of the CNBC competition series, non-profit program manager Julianna Reed, of Santa Monica, Calif., learned that she would receive a half-million dollar contract, an equity stake in Lemonis' holdings, and the opportunity to help manage his extensive portfolio. Read More »

NASCAR’s France taking racing in new direction

(March 13, 2017) -- Brian France, the third-generation NASCAR chairman, was an early supporter of Donald Trump's presidential campaign. That made a few of his corporate partners unhappy, most vocally, Truck Series' title patron Marcus Lemonis, who's also sponsor of Sunday's Camping World 500 at Phoenix International Raceway. Read More »

Lemonis files countersuit against coffee chain

(Feb. 24, 2017) -- Marcus Lemonis has filed a countersuit against Bow Truss coffee shop and its owner Phil Tadros. Lemonis and his food holdings company, ML Foods, allege fraudulent inducement and breach of secured promissory note. Read More »

Lemonis to donate $1.5 million to Marquette

(Feb. 17, 2017) -- Lemonis, who stars on CNBC shows “The Profit” and “The Partner,” is the chairman and chief executive officer of Bowling Green, Kentucky-based Camping World. He previously donated $300,000 to the university in a giving challenge to raise a total of $1 million. This time, Marquette plans to raise a total of $3 million. Read More »

Chicago coffee chain sues Lemonis

Marcus Lemonis formal

(Feb. 2, 2017) -- According to the suit, Lemonis' compay, ML Food Group “devised a fraudulent scheme to attempt to purchase the plaintiff at a rock bottom bargain basement giveaway price and failing to accomplish that to destroy the plaintiff.” Read More »

Lemonis files protective order to delay deposition

Marcus Lemonis formal

(Jan. 24, 2017) -- Attorneys for Camping World CEO Marcus Lemonis filed a protective order last week with the Florida 15th Judicial Circuit Court seeking to avoid giving a deposition on a long-standing legal matter involving RV dealer Gigi Stetler, RV Daily Report learned. Read More »

Lemonis to face dealer’s attorneys in deposition

Marcus Lemonis

(Jan. 13, 2017) -- According to documents filed in the case before the Florida 15th Circuit Court, Camping World CEO Marcus Lemonis will be deposed by lawyers representing RV dealer Gigi Stetler Jan. 27 at 10 a.m. at a court reporter's office in Bannockburn, Ill. Read More »

Stetler asks court to compel Lemonis testimony

Marcus Lemonis formal

(Jan. 5, 2017) -- "One of the main culprits involved in the theft and trespassing is the president and CEO of Camping World, Marcus Lemonis. His involvement is outlined extensively in the plaintiff's complaint," Stetler's attorney wrote the court seeking an order to compel Lemonis' testimony. Read More »

Sales Pad sues Lemonis for fraud

Marcus Lemonis

(Jan. 3, 2017) -- Under an agreement being negotiated, Lemonis was to act as a consultant to Sales Pad and provide marketing and promotional services. He insisted that Sales Pad wire transfer $250,000 as a condition of continuing software implementation. The complaint charges that Lemonis knew his representations to Sales Pad in January 2016 were false to induce it into wire transferring the $250,000 to Marcus Lemonis LLC. Read More »

Lemonis makes a $3 million challenge

(Jan. 2, 2017) -- Lemonis will match half of every dollar raised, up to $2 million donated to UM athletics. That would result in a $1 million gift from Lemonis and $3 million combined with donors. Read More »

Lemonis donates tickets to Cubs fan

Marcus Lemonis

(Oct. 26, 2016) -- Helen Schlegel set up a GoFundMe page Sunday to get her grandpa to the Fall Classic, and on Tuesday, Marcus Lemonis, CEO of Camping World, came through and donated two tickets to Friday’s game. Read More »

Lemonis: Camping World wasn’t priced right

Camping World logo

(Oct. 10, 2016) -- Camping World stock was soaring Friday morning, after its initial public offering raised $251 million on Thursday, but it still wasn't priced right, the company's CEO and host of reality show "The Profit" Marcus Lemonis said on CNBC's "Power Lunch" this afternoon. Read More »