What was the case number for the administrative proceeding involving 360 Painting before the Securities Commissioner of Maryland?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
releases.
Governmental Actions
In the Matter of 360 Painting, LLC f.k.a. 360 Painting, Inc., and Paul Flick, Administrative Proceeding Before the Securities Commissioner of Maryland, Case No. 2015-0477, as modified by Order Modifying Consent Order dated January 4, 2017.
Source: Item 3 — LITIGATION (FDD pages 13–18)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, there were two administrative proceedings before the Securities Commissioner of Maryland. The first case, In the Matter of 360 Painting, LLC f.k.a. 360 Painting, Inc., and Paul Flick, had the case number 2015-0477.
The second case, also named In the Matter of 360 Painting, LLC, and Paul Flick, was assigned case number 2022-0226. These proceedings involved investigations into the franchise-related activities of 360 Painting and Paul Flick.
It is important for a prospective franchisee to carefully review Item 3: Litigation within the FDD to understand the details and implications of these past actions. Understanding the outcomes of these cases, including any consent orders, penalties, or required actions, is crucial for assessing the potential risks and legal compliance aspects of investing in a 360 Painting franchise.