factual

Within the ten (10) year period immediately preceding the application for registration, has Learningrx been convicted of or pleaded nolo contendere to a misdemeanor charge?

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (B) Except as described above, neither we, our predecessors, a person identified in ITEM 2, nor an affiliate offering franchises under our principal trademark has been convicted of a felony or pleaded nolo contendere to a felony charge or, within the ten (10) year period immediately preceding the application for registration, has been convicted of or pleaded nolo contendere to a misdemeanor charge or has been the subject of a civil action alleging: violation of a franchise, antifraud or securities law; fraud, embezzlement, fraudulent conversion or misappropriation of property, or unfair or deceptive practices or comparable allegations.

Source: Item 23 — RECEIPT (FDD pages 54–209)

What This Means (2025 FDD)

According to the 2025 Learningrx Franchise Disclosure Document, Learningrx states that neither they, their predecessors, individuals identified in Item 2, nor any affiliate offering franchises under their principal trademark have been convicted of or pleaded nolo contendere to a misdemeanor charge within the ten (10) year period immediately preceding the application for registration. This statement refers to legal matters concerning the Learningrx brand itself.

This disclosure indicates that Learningrx has not faced any recent misdemeanor convictions or pleas that could be relevant to its franchising operations. A prospective franchisee can take some assurance from this statement, as it suggests a clean legal record for the company and its principals regarding relevant misdemeanor charges over the past decade.

It is important to note that this statement is limited to misdemeanor charges and does not cover other types of legal issues, such as civil actions or felony convictions. Additionally, this disclosure only pertains to Learningrx and its related parties, not to individual franchisees or their employees. Franchisees should still conduct their own due diligence to assess any potential legal risks associated with operating a Learningrx franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.