Fire Service-Themed Sporting Event Company Shuts Down Suddenly

A Maryland company that organized adventure-run events with a fire-service slant abruptly shut down last week, leaving thousands of runners stranded.

A report from ABC 2 News (http://bit.ly/11JN9Un) examined the situation of Hero Rush, which sent out an e-mail Friday night to registered runners indicating that its remaining scheduled events had been canceled and the company was no longer in business. Hero Rush had an additional seven runs scheduled for this year.

On Monday, a California-based company called the Active Network e-mailed race participants to let them know it would be offering refunds of their Hero Rush entry fees.

Dave Iannone, Hero Rush CEO, indicated that the company had suffered from a significant downturn in registrations recently and was competing for participants in a crowded marketplace.

Read further details about the situation at http://bit.ly/11JN9Un.