Bang Energy Founder Deletes Instagram Comments to Avoid Fines

Jack Owoc said he would delete comments to comply with court
Owoc in Instagram comments disparaged Bang Energy advisers

Jack Owoc, founder and chief executive officer of Bang Energy, speaks to a guest during a BevNET event in New York, US, on Thursday, June 16, 2022.Photographer: Jeenah Moon/Bloomberg

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By Jonathan Randles

April 25, 2023 at 9:50 PM UTC

This article is for subscribers only.

The founder of Bang Energy deleted Instagram comments disparaging advisers trying to sell the bankrupt energy drink maker after a judge said he would be fined $25,000 a day until he removed the posts.

Jack Owoc, who was fired as Bang Energy chief executive officer last month, removed several Instagram comments criticizing company advisers after Judge Peter Russin held him in contempt of court and ruled the posts violated a March order prohibiting him and his wife, Meg, from posting on Bang Energy-affiliated Instagram, TikTok and Twitter accounts unless told to do so by company advisers.