FOLLOW US

America February 26, 2025 4 mins read

Bang Energy Ex-CEO Sues for $732M in Legal Battle

America ı By Rihem Akkouche

0 Comments

Vital Pharmaceuticals $732M CEO Lawsuit

The high-stakes battle between former Bang Energy CEO Jack Owoc and the legal powerhouse Conrad & Scherer LLP has reached a boiling point. Owoc, ousted from the helm of Vital Pharmaceuticals Inc., has accused the firm of egregious legal misconduct, demanding a staggering $732 million in sanctions.

In a motion filed Tuesday in Broward County state court, Owoc, representing himself, alleged that the firm’s attorneys engaged in deliberate and repeated acts of litigation misconduct during their representation in a federal bankruptcy case. Among his most damning claims: the firm abandoned him mid-proceeding, violated ethical standards, and even hired a disbarred attorney to assist in the case.

A Legal Brawl with Millions at Stake

Conrad & Scherer fired the first shot in October 2023, suing Owoc and his wife, Megan, for an outstanding $139,000 in legal fees related to the Chapter 11 bankruptcy proceedings of Vital Pharmaceuticals. A one-day trial over the claims took place on Feb. 14, though a final ruling remains pending.

Owoc’s motion pulls no punches. He claims the firm orchestrated a campaign to obstruct his ability to receive fair legal representation, weaponizing procedural rules and engaging in bad-faith tactics.

“These actions are not mere procedural errors; they constitute an abuse of process that has caused defendants irreparable harm and must be sanctioned accordingly,” Owoc stated in the filing.

A Fall from Power and a Contentious Bankruptcy

Owoc’s legal woes began in October 2022, when Vital Pharmaceuticals, the parent company of Bang Energy, filed for Chapter 11 bankruptcy. By March 2023, the company’s board ousted him as CEO, along with his wife, who had been senior vice president of marketing.

Two months later, the Owocs retained Conrad & Scherer to represent them in the fallout of the bankruptcy proceedings. But the relationship quickly soured.

Owoc contends that in addition to mishandling the case, the firm played a role in the undervaluation of Bang Energy, which was ultimately acquired by competitor Monster Energy for $362 million in July 2023—far below the billions Owoc insists it was worth.

The Computer Controversy

A flashpoint in the legal drama is the dispute over a computer that was seized under court order while ownership issues were resolved. Owoc maintains the device contained protected and confidential legal information. He accuses Conrad & Scherer’s lead attorney, Irwin Gilbert, of misleading the court by falsely claiming the firm had taken possession of the device when, in fact, it had remained in Owoc’s hands.

A System Rigged Against Him?

Owoc alleges that his former attorneys' actions placed him in an “extremely compromising legal position” by leaving him without representation at critical moments in the case. He further claims that the firm’s legal work was tainted by the involvement of a disbarred attorney, whose role remains unclear in the filings.

In an explosive statement to Law360, Owoc likened the South Florida bankruptcy community to a “criminal enterprise,” controlled by a “rigged and politically protected network of corrupt judges, attorneys, and trustees.” He claims he has been targeted by the legal establishment, with eight law firms withdrawing from his case under political pressure.

“This isn’t just misconduct — this is organized crime,” Owoc declared. “Every outside law firm I’ve spoken with acknowledges the corruption but refuses to go on record, fearing retaliation.”

He has vowed to work with federal authorities, including the FBI, to expose what he calls systemic corruption in the bankruptcy courts.

 A Firm’s Defiant Response

Conrad & Scherer, however, remains steadfast. Gilbert dismissed Owoc’s accusations, calling them a predictable tactic to deflect from the firm’s legitimate fee claims.

“Sadly, it is quite common for a defendant to counter a lawsuit for fees by alleging malpractice and other transgressions,” Gilbert said. “I feel that the strategy is to try and coerce the plaintiff lawyer into dropping his claim. We do not bow to such tactics.”

For now, the courtroom clash continues, with millions—and reputations—on the line.

Previous Article

Renmatix Hit with $4M Trade Secrets Award as Court Rejects Bias Claims

Read More
4594 Posts

Rihem Akkouche

Rihem Akkouche is a passionate journalist dedicated to shedding light on compelling stories, sparking conversations, and fostering a more informed world.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America November 2, 2026
Jet Crash in Florida Kills Nine…

A devastating aviation disaster unfolded in Florida on Sunday when…

By – Rachel Moore
America November 2, 2026
Haley Stevens Stuns Democrats by Endorsing…

DETROIT — Nov. 2, 2026 — Haley Stevens, a Democratic…

By – Jackie Allen
America November 2, 2026
Zelda Ocarina of Time Remake Reimagines…

Remaking a beloved classic is like restoring a famous painting:…

By – Rachel Moore
America November 1, 2026
Octoberphobia On Wall Street: AI Stocks…

NEW YORK — Nov. 1, 2026 — Octoberphobia is returning…

By – Jackie Allen
America November 1, 2026
Cassidy Schutz Speaks Out After Heroic…

BEND, Ore. — Nov. 1, 2026 — Cassidy Schutz, a…

By – Jackie Allen
America November 1, 2026
Elon Musk Warns of AI Infrastructure…

 WASHINGTON — November 1, 2026 — Elon Musk Warns that…

By – Jackie Allen
America November 1, 2026
Wall Street’s AI Selloff Exposes A…

What Insurers Are Watching More than $1 trillion vanished during…

By – Samuel Lopez
America October 31, 2026
Daylight Saving Time 2026: Clocks Fall…

Americans will gain an extra hour of sleep Sunday as…

By – Jackie Allen
America October 31, 2026
Bill Belichick and Jordon Hudson Reportedly End…

Bill Belichick and Jordon Hudson reportedly ended their romantic relationship…

By – Jackie Allen
America October 31, 2026
A New 2026 Twin Study Revives…

Three Takeaways Identical twins and triplets were separated through adoption…

By – Samuel Lopez
America October 30, 2026
Avi Loeb’s Biggest Scientific Setbacks Show…

What the Evidence Shows A seismic signal associated with Avi…

By – Samuel Lopez
America October 30, 2026
Wall Street Wants Insurers to Absorb…

The Risk Behind the AI Buildout Banks are trying to…

By – Samuel Lopez
America October 30, 2026
Missile Defenses Deployed Near Trump’s Mar-a-Lago

WEST PALM BEACH, Fla. — The U.S. military has deployed…

By – Michallie K Harrison
America October 30, 2026
Army Paid $533M for a Shell…

WASHINGTON — The Army paid General Dynamics $533 million for…

By – Michallie K Harrison
America October 30, 2026
Army Mass Graves Training: Who Are…

OPINION | I served 21 years in the Army. In…

By – Michallie K Harrison
America October 29, 2026
Patrick Stewart Died at 86, Closing…

Some actors play a role. A rare few lend their…

By – Rachel Moore
America October 29, 2026
DHS Data Leak Exposes 40,000 Employees,…

Agencies that spend their days collecting other people’s information rarely…

By – Tyler Brooks
America October 29, 2026
Nvidia CEO Chinese Spy Report: Company…

Few stories combine Silicon Valley, the White House and Beijing…

By – Tyler Brooks
America October 30, 2026
U.S. Intelligence Reveals China’s Secret Spaceplane…

What This Orbital Image Reveals 1. A newly unclassified U.S. intelligence…

By – Samuel Lopez
America October 29, 2026
Hippo Partners With Greenlight Re to…

Launching a new insurance program is a bit like building…

By – Rachel Moore
America October 29, 2026
GM $220M Settlement Ends Multistate Probe…

A dashboard is supposed to tell you how fast you…

By – Rachel Moore
America October 29, 2026
Markel Enstar Unit Reinsurance Agreement Locks…

Old liabilities have a way of lingering like a long…

By – Rachel Moore
America October 29, 2026
Colorado Mountain Students Found Dead After…

Mountains in October can change their mood within hours, like…

By – Tyler Brooks
America October 29, 2026
DoorDash Acquire Instacart Bid Aims to…

When two of the biggest names in delivery decide to…

By – Tyler Brooks
America October 28, 2026
Michigan Double-Digit Health Insurance Hikes Set…

Michigan residents are facing another costly year for health coverage,…

By – Tyler Brooks
America October 28, 2026
Miyoko Plant Butter Recall Sparks Food…

A plant-based butter product distributed across 10 states is being…

By – Rachel Moore
America October 28, 2026
Pentagon Ketamine Contract: $41M Deal Under…

WASHINGTON — The Pentagon has awarded a Singapore-based pharmaceutical company…

By – Michallie K Harrison
America October 28, 2026
CDC Warns Drug-Resistant Germs Threaten Modern…

WASHINGTON — Drug-resistant germs are causing millions of infections and…

By – Michallie K Harrison
America October 27, 2026
Walmart Great Value Fruit Cocktail Recall…

A canned fruit product sold at Walmart is under recall…

By – Rachel Moore
America October 25, 2026
Christina Applegate Reveals Multiple Sclerosis Misdiagnosis,…

LOS ANGELES — Christina Applegate, the Emmy-winning actor known for…

By – Jackie Allen
America October 29, 2026
Brewers Beat Rays to Win First…

ST. PETERSBURG, Fla. — The Milwaukee Brewers won their first…

By – Michallie K Harrison
America October 23, 2026
Connor Hellebuyck Traded to New Jersey…

The New Jersey Devils have made a major move to…

By – Tyler Brooks
America October 19, 2026
Information Ecosystem: Five Tools to Detect…

The information ecosystem is increasingly vulnerable to misinformation. There are…

By – Jackie Allen
America October 19, 2026
An Airman Died After a Pregame…

By Michallie K. Harrison | Opinion Tech. Sgt. Ian Patterson’s…

By – Michallie K Harrison
America October 16, 2026
NFL Player $300M Hip Surgery Lawsuit…

Athletes bet their bodies on surgeons the way pilots bet…

By – Tyler Brooks
America October 16, 2026
Russian Drone Strikes Hit American Businesses…

Russian drone strikes against American-linked businesses in Ukraine are raising…

By – Jackie Allen

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter