Although Star Trac reportedly is one of several with a bid in with Wells Fargo to buy the assets, Wells Fargo has not taken any action. Kevin Lamar, now general manager of Star Trac’s consumer division, is also helpless, he told SNEWS®. 6, 2007, SNEWS® story, “Accounting malpractices by CFO forces Lamar Fitness to suspend operations”) means the bank now owns and has under lock and key all equipment parts, and service and warranty records, as well as all databases and retailer lists. That’s partly because Wells Fargo’s acquisition of the former Lamar company in early September ( click here for a Sept. Get access to everything we publish when youĪlthough Kevin Lamar, CEO and founder of now-defunct Lamar Fitness, and much of his staff have found a home at Star Trac’s newly beefed-up consumer division, former retailers of the Lamar company brands have so far been left scrambling.
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