Is Learningrx subject to a currently effective injunctive or restrictive order or decree relating to the franchise?

According to Learningrx's 2025 Franchise Disclosure Document, Item 2 of the FDD is addressed in the Multi-State Addendum for California. Specifically, it states that neither Learningrx, nor any person or franchise broker in Item 2 of the FDD 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, 15 U.S.C.A. 78a et seq., suspending or expelling such persons from membership in such association or exchange.

This statement assures prospective Learningrx franchisees in California that the company and its listed representatives are not under any active legal or regulatory sanctions from national securities associations or exchanges. These associations and exchanges are governed by the Securities Exchange Act of 1934, ensuring a level of regulatory oversight and compliance.

For a potential franchisee, this indicates a degree of stability and regulatory compliance on the part of Learningrx, at least in terms of securities-related matters. It suggests that the individuals involved in selling the franchise have not been barred from participating in securities markets due to misconduct. However, this statement is specific to securities-related orders and does not address other types of legal or regulatory issues that Learningrx or its representatives might face.