Bang Energy Founder Ordered to Pay $63,000 Over Instagram ‘Rant’

A bankruptcy judge ordered the founder of Bang Energy to pay $63,517 for his Instagram posts that disparaged company advisers who sold the energy drink brand to rival Monster Beverage Corp.

Judge Peter Russin said in a Wednesday court filing that the since-deleted social media posts by Bang founder Jack Owoc “could best be described as a rant” and risked harming Bang’s business because they potentially questioned the integrity of the bankruptcy sale process.

Owoc, who was fired as Bang chief executive officer in March, made the comments under posts from a @BangEnergy.CEO Instagram account that had 1 million ...