“Our Lawyer Made Us Change the Name of This Song So We Wouldn’t Get Sued” is the first song from Fall Out Boy’s first album, From Under The Cork Tree.

This is a reference to that. My first guess is they're a FOB cover band

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[–] 1 point 3 weeks ago

from Wikipedia:

Initially named Overdrive, then Suburban White Alcoholic Trash, the band got its name Ugly Kid Joe as a parody of L.A. glam band Pretty Boy Floyd, initially for a one night show in Santa Barbara opening for Pretty Boy Floyd. Pretty Boy Floyd would pull out of the show and have the gig cancelled, but the band decided to keep the name.

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