I think everyone saw the Trek/Lemond split coming …
Trek Company Update, ‘Trek to Immediately Sever Relationship with Greg LeMond’
There’s a Press Release and a whole media primer. If this is public, you can bet it got real nasty – you can even smoking gun it yourself in this initial summons and read a ways into the complaint to find that it’s an alleged Bro deal gone wrong (page 4, para 16)!
… since 1999 Greg LeMond has made numerous purchases of LeMond bicycles at employee pricing from Trek with a suggested retail value of over $2,500,000. Upon information and belief, Greg LeMond has resold, bartered for value or otherwise distributed many or most of these bikes, harming Trek and its dealers
Updated
- Bike Snob NYC gets an invite to a Lemond conference call (damn it, we didn’t!)
- Velonews covers the “spectacle.”
- Bikebiz offers some insight (and also impressively packs more ads per pixel than Velonews)
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