Bed Bath & Beyond CEO Marcus Lemonis was ordered by an arbitrator to pay millions of dollars after finding he violated the terms of a 2021 settlement.
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Bed Bath & Beyond CEO Marcus Lemonis was ordered by an arbitrator to pay millions of dollars after finding he violated the terms of a 2021 settlement.
"The arbitrator found that Lemonis violated the terms of a 2021 settlement barring him from making statements that could harm their reputations, according to documents filed in New York state court. The documents were filed as part of a petition to confirm the arbitration award after a 30-day payment deadline lapsed. The business owners said Lemonis ran afoul of the settlement terms when he spoke about them negatively over the span of roughly a year, starting in November 2021."
"The arbitrator, retired judge Ariel Belen, concluded that Lemonis' "disdain for the respondents, complete disregard to his obligations in the settlement agreement, and apparent lack of concern for the harm suffered by respondents were all put on full display during the arbitration hearing." Lemonis, the former CEO of Camping World, was directed to pay $100,000 for each of three violations - for a total of $300,000 - to 47 parties, for a sum of $14.1 million."
An arbitrator ordered Marcus Lemonis to pay $14.1 million to 47 parties after finding he violated a 2021 settlement that barred statements harming their reputations. The alleged violations involved negative comments over roughly a year beginning in November 2021, including a December 2021 remark about losing money to people he described as "dumb" or of "bad character." Arbitration occurred in May 2025 and produced a 98-page decision in late November. The arbitrator criticized Lemonis' disregard for the settlement and ordered $100,000 for each of three violations per party. A petition to confirm the award was filed after the 30-day payment deadline lapsed, and a judge has not yet ruled.
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