Garage Strategic Partners Files Suit Against UNTUCKit Founder Christopher Riccobono and Greatness Wins Inc. in NJ Federal Court for Alleged Fraud
The Suit Accuses the Defendants of a $10M Investment Scheme
NEWARK, N.J., Nov. 11, 2026 /PRNewswire/ -- Garage Strategic Partners LLC ("Garage Strategic"), a New Jersey-based limited liability company, announced today that it filed suit in the United States District Court for the District of New Jersey against UNTUCKit LLC founder Christopher Riccobono, three UNTUCKit executives, Greatness Wins, Inc., CCRJVR Lax, LLC, and other defendants. The complaint seeks to hold the defendants legally accountable for an alleged scheme to induce an approximately $10 million investment in UNTUCKit through false representations and to place UNTUCKit's assets beyond the reach of creditors.
The complaint alleges that Mr. Riccobono engaged in securities fraud under Rule 10b-5, tortious interference with a business relation, conversion and, in the alternative, unjust enrichment, and that all defendants engaged in fraudulent transfer under New Jersey and Delaware law, civil conspiracy, common law fraud in connection with both the investment and subsequent statements and, in the alternative, negligent misrepresentation.
Garage Strategic invested approximately $10 million in UNTUCKit through a stock purchase agreement in 2025. This investment, according to the twenty five (25) page complaint, came after Mr. Riccobono began courting members of Garage Strategic, touting how their investment would give them a seat on UNTUCKit's Board of Advisors and explaining how the investment would be used to grow UNTUCKit's retail footprint, marketing efforts and inventory. The complaint further alleges that Mr. Riccobono made certain representations concerning UNTUCKit's business, including that Greatness Wins, a company he co-founded with Derek Jeter, remained entirely separate and would not benefit from the investment.
Critically, the complaint alleges that Garage Strategic was misled by Riccobono and other UNTUCKit executives. The complaint also alleges that the financial information Garage Strategic received before investing differed from the audited financial statement it obtained afterwards. According to the complaint, Mr. Riccobono used UNTUCKit's employees, resources and designs to benefit Riccobono's other business with celebrity athletes, Greatness Wins, including a competing Greatness Wins retail outlet, approximately 100 yards from an UNTUCKit store.
Garage Strategic is seeking compensatory and punitive damages to be determined at a jury trial, an accounting and a constructive trust over the assets of Greatness Wins and CCRJVR Lax, and attorneys' fees and costs.
Garage Strategic is represented in this matter by an experienced trial lawyer, Marc J. Gross. Esq., and his team at Buchanan Ingersoll & Rooney PC., including Daniel Rivlin, Bogdon Kachur and Karima Thompson.
About Garage Strategic Partners LLC
Garage Strategic Partners LLC is a New Jersey limited liability company based in Bergen County and an investor in UNTUCKit LLC.
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SOURCE Garage Strategic Partners LLC
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