The Ohio State Attorney General (AG) has a commanding lead in the Direct Shipping legal tournament he started in July against seven companies. Currently, The AG has racked up four clear victories, two game delays, and one contender who decided to fight on. Charged with illegally shipping alcoholic beverages in the July 8, 2020 complaint […]

Other articles in this series: Winc falls way short of being “The Netflix of Wine” when it comes to customer retention Winc raises $3+ million in latest offering, but fails to disclose federal court case brought against it by state of Ohio Winc the Netflix of wine? (Nope) In our Oct. 20, 2020 issue — […]

 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: […]

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 […]

Winc is seeking to raise another $17 million on top of the $50.5 million it has already burned through in the past 9 years. That comes on the heels of last year’s SEC Regulation A offering that sought to raise $15 million for its Series D Preferred stock. That offering closed on Sept. 30 and, […]

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 […]

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 […]

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 […]

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 […]