To whom should violations regarding the Bombs Away disclosure document be reported?

According to Bombs Away's 2024 Franchise Disclosure Document, if the document was not delivered on time, contains false or misleading statements, or has material omissions, a violation of federal and state law may have occurred. In such cases, the violation should be reported to the Federal Trade Commission (FTC) in Washington, D.C. 20580, and to any applicable state agency. Exhibit A of the FDD lists the relevant state agencies.

For prospective Bombs Away franchisees, this means it is crucial to carefully review the entire disclosure document and all related agreements. Franchisees should ensure they receive the document within the mandated timeframe (14 calendar days before signing a binding agreement or making a payment, or earlier in New York). Scrutinizing the document for accuracy and completeness is essential, and any discrepancies or concerns should be promptly addressed.

It is important to note that the FDD includes state-specific addenda (such as for California, Rhode Island, Virginia, Washington, Maryland, Michigan, Minnesota, and North Dakota) that may provide additional rights or protections. Franchisees should consult these addenda for information specific to their state. Furthermore, the New York addendum specifically mentions contacting the Federal Trade Commission and the New York State Department of Law, Bureau of Investor Protection and Securities, if anything in the Franchise Disclosure Document is untrue.

By understanding these reporting requirements and carefully reviewing the FDD, prospective Bombs Away franchisees can protect their interests and ensure compliance with federal and state franchise laws.