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Marcus Lemonis ordered to pay $14 million over negative comments about participants on his reality show 'The Profit'

Marcus Lemonis was ordered by an arbitrator to pay more than $14 million to a a group of business owners whose companies appeared on the CNBC reality show "The Profit."

Frederick M. Brown/Getty Images

  • An arbitrator ordered Marcus Lemonis to pay $14.1 million after finding he violated a 2021 settlement tied to his CNBC show "The Profit."
  • The arbitration award and findings were filed in New York State Supreme Court as part of a petition seeking to have the arbitration ruling enforced.
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