Within the last 10 years, has All Team been convicted of a misdemeanor charge?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
Except as provided above, with regard to the franchisor, its predecessor, a person identified in Item 2, or an affiliate offering franchises under the franchisor's principal trademark:
- C. No such party has been convicted of a felony or pleaded nolo contendere to a felony charge or, within the 10 year period immediately preceding the application for registration, has been convicted of or pleaded nolo contendere to a misdemeanor charge or has been the subject of a civil action alleging: violation of a franchise, antifraud, or securities law; fraud; embezzlement; fraudulent conversion or misappropriation of property; or unfair or deceptive practices or comparable allegations.
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, Item 22 clarifies Item 3 regarding legal matters involving the franchisor, its predecessors, individuals identified in Item 2, or affiliates offering franchises under All Team's trademark. Specifically, it states that none of these parties have been convicted of or pleaded nolo contendere to a misdemeanor charge within the 10-year period immediately preceding the application for registration. This statement also extends to civil actions alleging violations of franchise, antifraud, or securities laws; fraud; embezzlement; fraudulent conversion or misappropriation of property; or unfair or deceptive practices or comparable allegations.
This disclosure provides potential franchisees with assurance that All Team and its related parties have not faced recent misdemeanor convictions or certain civil allegations that could indicate legal or ethical issues. The 10-year look-back period offers a reasonable timeframe for assessing the franchisor's legal history. A "nolo contendere" plea, also known as a plea of no contest, means that while the defendant doesn't admit guilt, they accept punishment, which is treated as a conviction.
It is important for prospective franchisees to understand the scope of this statement. It covers not only the franchisor itself but also its predecessors, affiliates, and certain individuals associated with the franchise offering. This broad coverage aims to provide a more comprehensive picture of the legal background of those involved in the All Team franchise system. Franchisees should note that this disclosure is limited to the past 10 years; any convictions or allegations older than that would not be covered by this specific statement.