Tag Archive: Charles Merinoff
Empire Excoriates Breakthru Offer, Calling It An “Outrageous Publicity Stunt”
Hours after Breakthru Beverage Group made what it termed an “aggressive and substantial” offer for Empire Merchants, Empire said it wasn’t for sale—and excoriated Breakthru’s play in an exclusive statement to SND. Continue reading →
Posted in News on November 11, 2016Breakthru Names Lloyd Sobel, Former Empire CEO, As Executive Vice President
Breakthru Beverage Group has appointed Lloyd Sobel to an executive VP post, less than two months after Sobel was fired as CEO of Empire Merchants following accusations that he received as much as $5 million in under-the-table payments from Empire co-owner Charlie Merinoff. Continue reading →
Posted in News on November 7, 2016Exclusive: Federal Prosecutors Dismiss Indictment Against RNDC In Alleged Smuggling Scheme
Five months after indicting Republic National Distributing Co. (RNDC) and three of its employees on federal charges of interstate liquor smuggling, the U.S. District Court for the District of Maryland has fully dismissed the indictment. Continue reading →
Posted in News on October 31, 2016Exclusive: Empire Merchants, NY’s Largest Distributor, Files Federal Fraud Charges Against Part-Owner Charles Merinoff
Empire Merchants, New York’s biggest spirits and wine distributor, has fired CEO Lloyd Sobel and filed suit against co-owner Charlie Merinoff, claiming in federal court that the two men—and others, including Breakthru Beverage CEO Greg Baird—defrauded the company through their involvement in an interstate smuggling scheme. Continue reading →
Posted in News on September 20, 2016
