What lawsuits are consolidated in the Consolidated Shareholder Derivative Action involving Bft?

According to Bft's 2025 Franchise Disclosure Document, the Ayers Lawsuit and the Akande Lawsuit were consolidated on June 24, 2024, forming what is known as the "Consolidated Shareholder Derivative Action." This action is currently stayed, meaning it is paused, pending the final resolution of the consolidated Taylor General Lawsuit and WBP Pension Fund Lawsuit.

This consolidation and stay have several implications for prospective Bft franchisees. First, it indicates that Bft is involved in ongoing litigation related to shareholder derivative claims. While the Consolidated Shareholder Derivative Action is stayed, its outcome could still have an impact on the company's financial stability and reputation. The fact that additional shareholder derivative lawsuits may be filed based on the same facts as the Ayers and Akande Lawsuits suggests a potential for further legal challenges.

Prospective franchisees should be aware of these legal proceedings and their potential impact on Bft. It is advisable to inquire with Bft about the details of these lawsuits, the potential financial exposure, and the steps the company is taking to address these legal challenges. Understanding the risks associated with these lawsuits is crucial for making an informed decision about investing in a Bft franchise. Franchisees should also seek independent legal counsel to assess the potential implications of these lawsuits on their investment.