Tagged: john stacks

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

by Mark Friedman 3/25/2014 04:17 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 01:24 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."

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

by Gwen Moritz 12/3/2013 09:36 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.