Does Deer Solution have any pending civil actions alleging fraud?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
Amendments to the Deer Solution Franchise Disclosure Document
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- Item 3 "Litigation," is supplemented by the addition of the following:
- A. Neither the Franchisor nor any person identified in Items 1 or 2 above has any administrative, criminal, or material civil action (or a significant number of civil actions irrespective of materiality) pending against him alleging a violation of any franchise law, fraud, embezzlement, fraudulent conversion, restraint of trade, unfair or deceptive practices, business opportunity law, securities law, misappropriation of property or comparable allegations.
- B. Neither the Franchisor nor any other person identified in Items 1 or 2 above has during the 10 year period immediately preceding the date of this Disclosure Document, been convicted of a felony or pleaded nolo contendere to a felony charge or been held liable in any civil action by final judgment, or been the subject of any material complaint or other legal proceeding where a felony, civil action, complaint or other legal proceeding involved violation of any franchise law, fraud, embezzlement, fraudulent conversion, restraint of trade, unfair or deceptive practices, business opportunity law, securities law, misappropriation of property or comparable allegations or which was brought by a present or former purchaser-investor or which involves or involved the business opportunity relationship.
- C. Neither the Franchisor nor any person identified in Items 1 or 2 above is subject to any currently effective injunctive or restrictive order or decree relating to the franchise, or under any federal, state
or Canadian franchise, securities, business opportunity, antitrust, trade regulation or trade practice law as a result of concluded or pending action or proceeding brought by a public agency, or is a party to a proceeding currently pending in which an order is sought, relating to or affecting business opportunity activities or the seller-purchaser-investor relationship, or involving fraud, including but not limited to, a violation of any business opportunity law, franchise law, securities law or unfair or deceptive practices law, embezzlement, fraudulent conversion, misappropriation of property or restraint of trade.
D. Neither Company nor any person identified in Item 2 above is subject to any currently effective order of any national securities association or national securities exchange (as defined in the Securities & Exchange Act of 1934) suspending or expelling these persons from membership in the association or exchange.
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to the 2025 Deer Solution Franchise Disclosure Document, Item 3, concerning litigation, is supplemented for Connecticut. This supplement states that neither Deer Solution nor any individuals identified in Items 1 or 2 have any pending administrative, criminal, or material civil actions alleging violations of franchise law, fraud, embezzlement, fraudulent conversion, restraint of trade, unfair or deceptive practices, business opportunity law, securities law, misappropriation of property, or comparable allegations. This statement specifically applies to actions pending against Deer Solution and its associated individuals.
Furthermore, the amendment clarifies that neither Deer Solution nor individuals identified in Items 1 or 2 have been convicted of a felony, pleaded nolo contendere to a felony charge, or been held liable in a civil action involving similar violations within the 10 years preceding the disclosure document's date. This includes actions brought by present or former purchaser-investors or those involving the business opportunity relationship. This provides additional assurance regarding the litigation history of Deer Solution and its key personnel.
Additionally, Deer Solution and the individuals listed in Items 1 and 2 are not subject to any current injunctive or restrictive orders or decrees related to the franchise. This extends to orders under federal, state, or Canadian franchise, securities, business opportunity, antitrust, trade regulation, or trade practice law resulting from concluded or pending actions brought by a public agency. They are also not involved in any pending proceedings seeking such orders related to business opportunity activities, the seller-purchaser-investor relationship, or fraud. This ensures that Deer Solution is not currently under any legal constraints that could affect its operations or relationships with franchisees.
Finally, neither Deer Solution nor any person identified in Item 2 is subject to any currently effective order from a national securities association or national securities exchange that suspends or expels these persons from membership in the association or exchange. This indicates that Deer Solution and its key personnel are in good standing with relevant regulatory bodies, providing further reassurance to potential franchisees.