Veritas News Network - Truth is Trending

The owner of the Gringo Star Street Bar in Tempe, Arizona said a manager posted the closure notice on Facebook before he had the chance to notify investors. That’s one of the complaints investors stated when owner Julian Wright abruptly closed the popular bar located on Mill Avenue. “There was no communication,” said an investor who trusted his money with Wright. “I found out Gringo Star closed when I saw it on Facebook.” The shareholder noted that there had been “street talk” that business was faltering and that it was apparent the bar was not doing well, however, he was “left in the dark.” The Jan. 19 closure announcement was vague, leaving investors to wonder what was going on. They alleged Wright was a poor communicator and that it wasn’t until he was contacted by an investor that  all investors were notified that the bar had been sold. Wright said investors were aware he’d been trying to sell. “The investors that keep in touch with me had known about us trying to sell this business for a year now, includ