Opinion 95-4
Date
Adequacy of predecessor company's unaudited financial statements to comply with required disclosure of the financial statements of a newly formed franchisor, and to provide substantiation for earnings...
Displaying 361 - 380 of 425
Opinion 95-3
Date
Applicability of the Franchise Rule to a not-for-profit education program. Discusses the lack of a "continuing commercial relationship."
Opinion 95-5
Date
Applicability of the Franchise Rule to a turn-key dry cleaning franchise. Discusses "significant assistance" coverage element.
Opinion 95-2
Date
Applicability of the Franchise Rule to a home-care services sub-contracting arrangement. Discusses "significant control or assistance" and "required payment" coverage elements, and "fractional...
Opinion 95-1
Date
Applicability of the Franchise Rule to computer software distributorship enabling health care providers to order medical and office supplies. Discusses applicability of the Rule to "distributorships"...
FTC Announces a Permanent Injunction Issued Against National Business Consultants, Inc. and Robert Namer A/K/A Robert Behar
Date
The Federal Trade Commission announced that the U.S. District Court for the Eastern District of Louisiana has permanently enjoined National Business Consultants, Inc. (NBC), and Robert Namer (who has...
FTC Charges National Business Consultants Inc. Deceived Purchasers; Asks Court to Order Halt to Violations
Date
The Federal Trade Commission has charged National Business Consultants Inc. with making false and misleading claims in the sale of business opportunities for business consulting services. At the FTC's...
FTC Policy Statement Regarding Advertising Substantiation
Date
Appended to Thompson Medical Co., 104 F.T.C. 648, 839 (1984), aff’d, 791 F.2d 189 (D.C. Cir. 1986), cert. denied, 479 U.S. 1086 (1987). Introduction On March 11, 1983, the Commission published a...
FTC Policy Statement on Unfairness
Date
Appended to International Harvester Co., 104 F.T.C. 949, 1070 (1984). See 15 U.S.C. § 45(n). The Honorable Wendell H. Ford Chairman, Consumer Subcommittee Committee on Commerce, Science, and...
Qargo Coffee, Inc., et al., FTC v.
The Federal Trade Commission has taken action against coffee shop franchise Qargo Coffee and its founders for failing to disclose critical information required by the Franchise Rule, including one founder’s ties to burger franchise BurgerIM, leaving prospective franchisees in the dark when deciding whether to invest in the franchise.
In its complaint, the FTC alleged that Qargo and founders Mark Bastorous, Bernadette Bastorous, and Samir Shenouda violated the FTC’s Franchise Rule—the agency’s second case in recent years alleging violations of the Franchise Rule.
Under proposed order, the company and its founders are required to pay $30,000, provide franchisees the right to rescind contracts, and void noncompete agreements.
Type of Action
Federal
Docket Number
1:24cv23978
Case Status
Pending
Business Blog
Franchise Fundamentals: Reducing the risks – and reporting if things go awry
Date
We’ve all heard the adage “Proper preparation prevents poor performance.” It’s been attributed to everyone from Vince Lombardi to Secretary of State James Baker. As we’ve discussed in the first four...
Business Blog
Franchise Fundamentals: Considering, calculating, and consulting
Date
You think a franchise may be for you. You can’t wait to cut that ribbon and get your business up and running. But to avoid a false start, it makes sense to spend more time in the starting block. This...
Business Blog
Franchise Fundamentals: Taking a deep dive into the Franchise Disclosure Document
Date
Love at first sight may (or may not) be a real thing, but when it comes to investing your money, it’s unwise to fall for a franchise without first subjecting it to tough-minded scrutiny. The third in...
Business Blog
Franchise Fundamentals: Researching franchise opportunities
Date
No one would try to run a marathon with just a few days of preparation. It takes months of rigorous training before you can step up to the starting line with confidence. Of course, the process of...
Business Blog
Franchise Fundamentals: Debunking five myths about buying a franchise
Date
For many people, buying a franchise has proven to be a good choice, but like any other financial decision, there is no one-size-fits-all answer to the question “Is a franchise right for me ?” Buying a...
Business Blog
FTC crunches the 2022 numbers. See where scammers continue to crunch consumers.
Date
There are prime numbers, irrational numbers, and Fibonacci’s numbers – but from a consumer protection perspective, no number is quite as sobering as the dollar amount that people reported losing to...
Business Blog
Facing the facts about fraud: It may not be the face you think
Date
Ask someone to picture the typical person who has experienced a scam and they may think of an older consumer taken in by a fast-talking fraudster. Regardless of the image they create, the results of...
Business Blog
Reported crypto scam losses since 2021 top $1 billion, says FTC Data Spotlight
Date
Let’s call it The Recliner Interval – the time it takes for an obscure niche product to start running prime time TV commercials. It’s a made-up metric, of course, but a few hours in front of the TV...
Business Blog
Looking for a new job or considering a business opportunity? Spot signs of a possible scam.
Date
Scammers often target job seekers and prospective entrepreneurs with bogus employment and money-making offers. We know that because the FTC has investigated and stopped many of them. But scammers are...
Displaying 361 - 380 of 425