Does Cicis currently face any litigation?

According to Cicis's 2025 Franchise Disclosure Document, Cicis is subject to certain claims that arise in the normal course of business. However, the document states that management is not aware of any matters that would have a materially adverse effect on the company's financial condition. This statement suggests that while Cicis may be involved in legal claims, these claims are not expected to significantly harm the company's financial stability.

This information is found within the "Commitments and Contingencies" section, specifically under the "Litigation" subsection. It's important to note that the FDD only reflects the company's awareness of such matters up to April 19, 2024, which was the date the combined financial statements were available to be issued. Any legal claims arising after this date may not be included in this disclosure.

For a prospective franchisee, this disclosure indicates a level of risk associated with investing in Cicis. While the existing claims may not be financially devastating, the possibility of future litigation always exists. It would be prudent for potential franchisees to inquire further about the nature of these claims and any potential impact they could have on the franchise system. Understanding the types of claims Cicis typically faces can help a franchisee assess their own risk tolerance and make informed decisions about investing in the franchise.