As posted on the CrossFit.com forum by Greg Glassman, founder and CEO of CrossFit:
As of yesterday morning I own 100% of CrossFit Inc. stock.
I want to thank my staff, our lawyers, the affiliates, and the entire CF community for rallying to our common defense.
This was a harrowing experience that pulled critical staff from their normal duties for six months and cost millions of dollars in legal fees.
Staffers not enjoined directly in the battle kept at the helm and grew the company to absorb all of our legal fees and we paid cash for the airplane. Today we stand in the best financial shape in company history.
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In Inside the Box, veteran journalist and marathoner T.J. Murphy goes all in to expose the gritty, high-intensity sport of CrossFit®. From staggering newcomer to evangelist, Murphy finds out how it feels, why it’s so popular, and whether CrossFit can fix his broken body.