Friday, October 19, 2007

FTC Stops Coffee Shop Franchisors From Using Inadequate Disclosure Documents

FTC Stops Coffee Shop Franchisors From Using Inadequate Disclosure Documents: "According to the FTC, Barista’s and Friends, Inc. sold at least 18 franchises for $40,000 each. For the fee, the franchisees got the right to use the Barista’s trade name and sell their authorized products. The FTC charged that the disclosure documents that defendants furnished to prospective franchisees lacked many of the items of information required by the Franchise Rule, including: "

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