NetworkNewsBreaks – CoolEvents Files Lawsuit Against Obstacle Racing Media Seeking $500,000 for Lost Revenue
CoolEvents, the nation’s largest experiential event company, on Tuesday announced the recent filing of a lawsuit against Obstacle Racing Media (“ORM”) and its proprietor Matthew B. Davis in the Arizona Superior Court. Following a change of venue for a Terrain Race in July, Davis published that the “venue had been canceled,” causing many to think that the event itself had been canceled. The company estimates that false and misleading information regarding CoolEvents published on ORM’s website and blogs, as well as other social media platforms by Davis, caused more than $500,000 in lost potential revenue. “In the participatory athletics space,…