Within the last 10 years, has Deer Solution been convicted of a felony?
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.
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the amendment to Item 3, "Litigation," states that neither Deer Solution nor any person identified in Items 1 or 2 has been convicted of a felony or pleaded nolo contendere to a felony charge during the 10-year period immediately preceding the date of the Disclosure Document. This statement applies to administrative, criminal, or material civil actions, irrespective of materiality, 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. The Disclosure Document is dated April 9, 2025.
This disclosure provides potential Deer Solution franchisees with assurance that the company and its key personnel have not faced felony convictions or similar legal issues in recent years. This information is crucial for assessing the franchisor's stability, integrity, and overall risk profile. A history of legal issues, especially felonies, could indicate potential instability or unethical business practices, which could negatively impact franchisees.
It is important to note that this disclosure specifically addresses felony convictions and related legal proceedings. It does not cover other types of legal issues or complaints that may have been filed against Deer Solution or its personnel. Prospective franchisees should consider this information as part of a broader due diligence process, which may include consulting with legal and financial advisors to gain a comprehensive understanding of the risks and opportunities associated with investing in a Deer Solution franchise.