Tagged: john stacks

Mountain Pure Has New Owner After Stacks Conviction

by Arkansas Business Staff 10/27/2014 12:00 am

John B. Stacks’ rough year continued last week when his Mountain Pure operations were handed over to a new owner after a foreclosure auction on the steps of the Pulaski County Courthouse.

John Stacks, Mountain Pure Owner, Convicted of Seven Federal Counts

by Gwen Moritz 10/9/2014 6:13 pm

A federal court jury deliberated for most of three days before reporting that it was hung on three additional counts of money laundering.

Fed Uncaps Its Case Against Mountain Pure's John Stacks

by Arkansas Business Staff 10/6/2014 12:00 am

The criminal trial of John Stacks, owner of Mountain Pure water bottler and former CEO of HomeBank of Arkansas, commenced last week before U.S. District Judge Leon Holmes, 12 jurors and two alternates.

Conway Retailer Patrice Duncan Pleads Guilty to Federal Felony Charge

by Gwen Moritz 5/14/2014 7:59 pm

Patrice Duncan, an owner with her husband, Gary, of Duncan Outdoor in Conway, has pleaded guilty to a single count of structuring a financial transaction in order to evade bank reporting requirements on cash deposits of more than $10,000.

Simmons First Sues Mountain Pure for Defaulting on $16.5M in Loans

by Mark Friedman 3/25/2014 4:17 pm

Simmons First National Bank has sued Mountain Pure and its owner, John B. Stacks, for defaulting on $16.5 million worth of loans. Meanwhile, Stacks is launching a website to offer his take on events surrounding his indictment in separate case.

More Legal Battles Pile Up for Mountain Pure's John Stacks

by Arkansas Business Staff 2/17/2014 12:00 am

In the first of two lawsuits filed against the water bottling company this month, North Bay Investors LTD of Miami Beach, Fla., sued Mountain Pure and its owner, John B. Stacks — who is facing federal felony charges in an unrelated matter — over a deal that collapsed late last year.

Lawsuit Makes Splash Against Mountain Pure

by Arkansas Business Staff 1/20/2014 12:00 am

Georgia-Pacific Corrugated LLC of Atlanta, a supplier of cardboard packing material, has filed a civil lawsuit in Pulaski County Circuit Court alleging that Mountain Pure and its related entities, Mountain Pure MS LLC and Mountain Pure Texas LLC, haven’t paid their bills.

John Stacks: Federal Charges 'Without Merit' But Not Surprising

by Gwen Moritz 12/13/2013 1:24 pm

Banker and business owner John Stacks has issued a statement denying any wrongdoing in his dealings with a Small Business Administration loan while complaining that a recent federal indictment was so vague that "we're not exactly sure what it is alleging."

John Stacks, Banker and Owner of Mountain Pure Water, Indicted on 11 Counts

by Gwen Moritz 12/3/2013 9:36 pm

John Stacks, the owner of water bottler Mountain Pure LLC, was indicted Tuesday on 11 felony counts related to what federal prosecutors say was a fraudulent loan from the U.S. Small Business Administration in 2009. Charges include wire fraud and money laundering.