Winc falls way short of being “The Netflix of Wine” when it comes to customer retention

November 24, 2020

 Previous Coverage Winc the Netflix of wine? (Nope) Winc raises $3+ million in latest offering, but fails to disclose federal court case brought against it by state of Ohio Netflix has become the global gold standard for retention with most estimates showing it holding on to 93% of subscribers. As noted in our previous article: […]

Continue reading

Winc raises $3+ million in latest offering, but fails to disclose federal court case brought against it by state of Ohio

November 5, 2020

Winc says it raised more than $3 million by late October as part of their $17 million investor solicitation despite making no mention in its Offering Circular of the Federal Court lawsuit brought against it by the Ohio State Attorney General. The lawsuit was brought on July 8 in U.S. District Court for the Southern […]

Continue reading

Former Long Island Liquor Distributor Sentenced to 24 Months in Prison for Defrauding Investors in Single-Serving Wine Product Featured on Shark Tank

October 12, 2020

Original Court Documents for Premium Wine Executive News Subscribers are available at the end of this article. Note: The company, Copa di Vino has not been accused of illegal conduct   Defendant Stole More Than $500,000 from Investors to Fund His Securities Trading Account and Satisfy Mortgage on a Florida Home Earlier today, in federal […]

Continue reading

Vintage Wine Estates smoke-taint insurance lawsuit scheduled for trial; Could set precedent

October 1, 2020

After nine months of legal jousting and pandemic delays, the Vintage Wine Estates (VWE) smoke-taint lawsuit against its insurance company is scheduled for a jury trial sometime in early 2022 in San Francisco U.S. District Court for the Northern District of California. Judge Maxine M. Chesney has set jury selection for Feb. 14, 2022, with […]

Continue reading

SPECIAL PREMIUM SUBSCRIBER: Feds charge man with using Lodi-area vineyard as right-wing militia training camp

September 25, 2020

SPECIAL PREMIUM SUBSCRIBER FEATURE: Full text (46 pages) of U.S. Department of Justice complaint/affidavit used to obtain search warrant. Click here. A Woodbridge-area vineyard was used as a training camp for right-wing counter protestors to prepare to engage in civil disorders, according to a statement from the U.S. Attorney’s Office for the Central District of […]

Continue reading

Aerial imagery firm TerrAvion shuts down leaving up to $50 million in Chapt 11 liabilities, less than $50K in assets

September 8, 2020

Venture-funded aerial imagery firm TerrAvion shut down operations Friday, Sept. 4 just days after its August 31 after Chapter 11 filing. Court documents indicate up to $50 million in liabilities, half of that unsecured. The Hayward-based company, founded by an experienced military drone expert, sought to provide aerial imagery to farmers designed help growers detect […]

Continue reading

Constellation/Robert Mondavi Winery vs The Vineyard House: Set to begin trial Monday (083120) in San Francisco Federal Court

August 30, 2020

Recommended background links: Recent: To-Kalon lawsuit dismissed, then reinstated and combined as both parties refile, but “iconic” still all about myth, Benjamins, and grapes at $38K/Ton Recent: Robert Mondavi Winery Sits in the To Kalon Vineyard. Its Owner Says There’s No Such Place Historical: The True Story of To-Kalon Vineyard, by Matt Stamp, MS After […]

Continue reading

Harvard-controlled LLC in $120+ million deal with anonymous LLC connected witt Canadian pension fund.

August 14, 2020

Two Harvard-controlled LLCs have deeded over 7,104.74 acres of land in northern San Luis Obispo County for an estimated $120.14 million (based upon $132,159 paid in county real estate transfer taxes.) It is unclear whether this was an actual sale or a method for the Harvard LLCs to pull cash out of the assets. Note: […]

Continue reading