SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- Pinkberry co-founder Young Lee, who was arrested after a confrontation with a homeless person turned violent, pleaded not guilty Monday to charges of assault with a deadly weapon. According to the police report, Young stepped out of his Land Rover at a Los Angeles freeway off-ramp and beat a panhandler with a tire iron. He attempted to justify the attack by claiming the homeless man had disrespected him by exposing a sexually profane tattoo. Young, an architect and former kick boxer, partnered with entrepreneur Shelly Hwang in 2005 to create the Pinkberry franchise, which is famed for its tangy -- almost vinegary -- tasting frozen yogurt. The chain earned an immediate cult following of irony loving celebrities because of its sheer awfulness. Young has been freed on $60,000 bail and is awaiting the March 5 hearing set by the judge. However, in a bizarre and related turn of events, another Pinkberry executive was arrested in San Narciso County late Monday afternoon for what could be a copycat assault on a homeless person.