Stephen Becker Automobile group Inc files suit against Shelby American Inc

[stephen_becker]

In a move to fight back against alleged acts of unfair competition and breach of its Dealer Agreement, Stephen Becker Automotive Group, Inc. DBA Planet Shelby Cobra has filed suit today in Los Angeles Superior Court against Shelby American, Inc., a subsidiary of Carroll Shelby International, Inc. a publicly traded corporation symbol: CSBI

April 10, 2015 (MMD Newswire) -- In its Complaint, Stephen Becker Automotive Group alleges that in its Dealer Agreement with Shelby American, Inc ("SAI"), SAI was required to sell its vehicles "through a network of Shelby authorized independent dealers," such as Plaintiff. Additionally, pursuant to the Agreement, Plaintiff alleges that SAI was required to refer any sales leads it obtained, through its website or by any other means, to authorized dealerships like Plaintiff. The Complaint alleges that in December of 2014, SAI began to engage in direct sales of vehicles to members of the general public and therefore stopped referring customers to Plaintiff. In addition, the Complaint alleges that SAI failed to allocate its 2015 Anniversary Vehicles to the independent dealerships according to a fair or reasonable formula as required by California law.

The Complaint alleges that SAI's conduct violated Plaintiff's Dealer Agreement as well as California and Nevada statutes against unfair competition. The Complaint seeks unspecified damages for loss of investment, lost interest, loss of business goodwill and lost profits on business revenues that would have been earned if SAI acted in good faith and dealt fairly with Plaintiff. The complaint also seeks unspecified punitive damages claiming that SAI acted with a conscious disregard for Plaintiff's rights, and with the intent to injure Plaintiff such as to constitute oppression, fraud, or malice under California Civil Code Section 3294.

The Law Offices of Michael A. Brewer filed the lawsuit on behalf of Stephen Becker Automotive Group. Mr. Brewer can be reached at 2020 Main Street, Suite 900, Irvine, CA 92614, or at (949) 679-6060

Superior Court of the state of California for the Count of Los Angeles, Central District. Case Number: BC577978

See complaint here: http://mmdnewswire.com/images/press-...t-BC577978.pdf

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