What is the issuance date of the LearningRx disclosure document?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
ave occurred and should be reported to the Federal Trade Commission, Washington, DC 20580, and the appropriate state agency identified on EXHIBIT D.
See EXHIBIT D for our registered agents authorized to receive service of process. A I have received a disclosure document dated January 7, 2025 that included the following Exhibits: Financial Statements Issuance Date: January 7, 2025 Natalie Speakman, Director of Sales, LearningRx Franchise Corporation, 6385 Corporate Drive, Suite 101, Colorado Springs, CO 80819; and 719-264-8808 and 719-264-8808. Dean Tenpas, President, LearningRx Franchise Corporation, 6385 Corporate Drive, Suite 101, Colorado Springs, CO 80819; Kim Hanson, CEO, LearningRx Franchise Corporation, 6385 Corporate Drive, Suite 101, Colorado Springs, CO 80819; and 719-264-8808.
Source: Item 22 — CONTRACTS (FDD page 54)
What This Means (2025 FDD)
According to LearningRx's 2025 Franchise Disclosure Document, the issuance date of the disclosure document is January 7, 2025. This date is significant because it marks the beginning of the period during which LearningRx is authorized to offer and sell franchises under the terms outlined in the document. Prospective franchisees should verify that they receive a disclosure document with this date or later to ensure they have the most current information.
The FDD states that LearningRx must provide the disclosure document to prospective franchisees at least 14 calendar days before they sign a binding agreement or make any payment to LearningRx. In New York and Rhode Island, the document must be delivered at the earlier of the first personal meeting or 10 business days before signing any agreement or making any payment. Michigan requires delivery at least 10 business days before signing or payment, whichever comes first.
It is important for potential LearningRx franchisees to note that using a disclosure document with an outdated issuance date could mean they are not receiving the most accurate and up-to-date information about the franchise opportunity. If the disclosure document contains a false or misleading statement, or a material omission, it could be a violation of federal and state law, which should be reported to the Federal Trade Commission and the appropriate state agency.