To whom should a violation of state law regarding the Kidokinetics disclosure document be reported?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
If Kidokinetics Franchise LLC does not deliver this disclosure document on time or if it contains a false or misleading statement or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580, and the appropriate state agency identified on Exhibit A.
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics'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 state law may have occurred. In such cases, the violation should be reported to the appropriate state agency identified on Exhibit A of the FDD. Additionally, such violations should be reported to the Federal Trade Commission (FTC) in Washington, D.C.
Exhibit A of the Kidokinetics FDD is a crucial resource for prospective franchisees. It provides contact information for the specific state agency responsible for franchise regulation in their state. This allows franchisees to directly report any issues or concerns regarding the FDD or the franchise offering to the relevant authorities.
It is important for potential Kidokinetics franchisees to carefully review the FDD and all related documents. Should they identify any discrepancies, inaccuracies, or failures to comply with disclosure requirements, they should promptly report these to both the FTC and the appropriate state agency listed in Exhibit A. This ensures compliance and protects the franchisee's rights under federal and state laws.