Lawsuit Alleges Embezzlement Against Medium Rare Co-owner Mark Bucher
1 report, 1 independent
Updated Mon 00:00
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What happened
A lawsuit was filed in Delaware against Mark Bucher, co-owner of Medium Rare. His business partner, Tom Gregg, alleges that Bucher accepted kickbacks from beef vendors for using them and pocketed the money. Bucher's lawyer denies the allegations, stating the lawsuit is a tactic to gain leverage in a broader business divorce.
From washingtonian.com
Why it matters
The complaint alleges that rebates were given directly to Bucher since at least 2024 in return for purchasing a certain volume of meat and fries. The lawsuit challenges the financial integrity and corporate governance of the Delaware-organized company.
From washingtonian.com