Arbitrator Rules Franchise Broker Violates Connecticut Unfair Trade Practices Act

Franchisee Awarded Over $70,000 Against The Entrepreneur Source, Class Action Suit Proceeds 

Editor's note: This news story has been submitted by the attorney for the franchisee.

SOUTHBURY, Conn. (Blue MauMau) - On December 14, 2007, a Connecticut Arbitrator decided that The Entrepreneur Source (TES) violated the Connecticut Unfair Trade Practices Act (CUTPA), and TES's counterclaim for future royalties was denied in its entirety.  Mike Greenspan's (former TES franchisee) Franchise Agreement was "rescinded," and he was awarded all the damages he requested -- $43,900.00, plus $14,633.33 in attorneys' fees, plus $12,880.42 in arbitration costs.  Mr. Greenspan's franchise expert was Kevin B. Murphy, of Franchise Foundations. 

The Class Action filed against TES will now move forward.  A Connecticut Court has already allowed the case to proceed, stating that TES's Franchise Agreement does not prohibit Class Actions.  The Class Arbitrator must now decide the scope of the class, and must "certify" the class.

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Please contact the undersigned attorney handling the case for further details.