Coffee Beanery franchisees Richard Welshans and Deborah Williams have filed a lawsuit against the attorney and law firm responsible for preparing the franchise disclosure document which they relied on in purchasing their franchise in 2003. They allege the franchisorâ€™s legal counsel knew that the Uniform Franchise Offering Circular (under a new FTC upgrade, it is now called the Franchise Disclosure Document) was in violation of Marylandâ€™s franchise law because it failed to disclose required information and misstated certain facts. Filed in Maryland federal court by Harry M. Rifkin and the Franchise Business Law Group, the suit claims that in preparing the UFOC the firm omitted a felony conviction on one of Coffee Beaneryâ€™s officers, the differences between the mall traditional retail coffee store and other concepts, the gift card program, a contract it had with Pepsi and the mandatory DMX Remote Eyes and Music Program.
Further, the complaint states that at their arbitration hearing in February 2007, JoAnne Shaw, president of The Coffee Beanery, testified that Paul R. Fransway of Pear, Sperling, Eggan & Daniels prepared the disclosure documents provided to the franchisees and that they advised Coffee Beanery on what information to include and exclude. Shaw testified that her company relied on the advice the attorneys gave in preparing and registering the UFOC.
Be a part of the number one growth industry while securing your future with residual income.
What could be better than earning up to 100% commission on the sales of exciting cruise and destination vacation packages?
Amazing opportunity for only $500 in an industry that is prime for sales.
Start a local Social Media and online reputation business. No experienced needed! Only $99 to get started.
Earn recurring monthly payments selling mobile websites and apps to local businesses.
Millions of people retire in poverty - but it doesnt have to be this way!