What should a prospective franchisee do if Alloy Personal Training, LLC delivers a Disclosure Document that contains a false or misleading statement?

According to Alloy's 2025 Franchise Disclosure Document, if Alloy does not deliver the Disclosure Document on time, or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred. In such cases, the prospective franchisee should report this to the Federal Trade Commission (FTC) in Washington, D.C. 20580, and to the appropriate state agency. Exhibit A of the FDD lists the relevant state agencies.

This instruction is included in the receipt section of the FDD, which the prospective franchisee signs to acknowledge receiving the document. This receipt serves as a record that Alloy has provided the necessary disclosures. The inclusion of this information emphasizes the importance of the FDD as a legal document and the franchisee's right to accurate and timely information.

It is a common practice in franchising to provide a disclosure document well in advance of signing any agreements or making payments. This allows potential franchisees to thoroughly review the opportunity and seek legal and financial advice. The FDD aims to protect franchisees by ensuring they have access to all material information necessary to make an informed investment decision. Reporting any discrepancies or omissions is crucial for maintaining the integrity of the franchise system and protecting the interests of potential franchisees.