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Log In / Register | Sep 20, 2017

Jreck Subs Former Franchisor Owner Imprisoned for 12 1/2 Years in Investor Fraud Scheme

A New York district judge last week sentenced Christopher M. Swartz, former owner of franchising firm Jreck Subs, to prison for 12 ½ years for defrauding investors and lenders in his company out of at least $9.5 million. Swartz was also ordered to pay restitution to his victims and the U.S. Internal Revenue Service in the amount of $26,660,590.18.

Appellate Revives Franchisee’s Defamation Claims against Cold Stone, Attorney Robert Zarco

An appeals court has now cleared the way for former Cold Stone Creamery franchisee Cecil Rolle to move forward with his defamation lawsuit against the franchisor and its legal counsel, Robert Zarco. The three-judge panel ruled on Wednesday that the alleged damaging remarks Cold Stone and its attorney made about the Florida ice cream shop owner after he appeared on a national television franchise expose were not protected as the trial court determined.

Appeals Court Dismisses Franchisee Claims against Franchisor in Disclosing Confidential Settlement in FDD

AUSTIN, Texas - A U.S. appeals court issued a decision this month upholding the dismissal of claims brought by a franchisee who alleged she was entitled to liquidated damages in the amount of $20 million because the terms of her confidential settlement with franchisor Keller Williams Realty were published in the company's Franchise Disclosure Document.

Merchant Breaks Google’s Rule, Loses $4 Million

Gift basket business owner Ryan Abood relates how he got on the bad side of Google and the devastating consequences.