Bart Reagor and Rick Dykes Sued for Nearly $100,000
Bart Reagor and Rick Dykes have been sued by Stephen C. Fyffe, the original owner of Oden Chevrolet in Floydada, for around $94,000 in State District Court.
The lawsuit says that as part of a 2015 agreement, Reagor-Dykes purchased Oden Chevrolet, and there were multiple requirements to be met in order for the purchase to go through.
KAMC News reports that one of the requirements was a $430,000 note to be paid over 36 months. At the time Reagor-Dykes stopped making payments, there was still an unpaid balance of more than $94,000.
Reagor-Dykes was also supposed to pay vehicle leases for Fyffe and his wife for a total of five years, but those payments also stopped.