How much did Noodles & Company pay to William French to settle the litigation?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
ing Act), penalties, and attorneys' fees and costs.
This litigation was settled in August 2018. In the settlement, Noodles & Company paid $450,000 to the State of Delaware and $150,000 to William French, the relator in the action; the action was dismissed, and the parties exchanged mutual releases. Noodles & Company did
Source: Item 3 — LITIGATION (FDD page 16)
What This Means (2025 FDD)
According to the 2025 Noodles & Company Franchise Disclosure Document, Noodles & Company was involved in litigation with the State of Delaware and William French. The case, The State of Delaware, William French v. Card Compliant, LLC, et. al., alleged violations of the Delaware Abandoned Property Law and the Delaware False Claims and Reporting Act. Noodles & Company was named as one of the defendants in this action.
The litigation was settled in August 2018. As part of the settlement, Noodles & Company paid $150,000 to William French, who was the relator in the action. In addition to the payment to William French, Noodles & Company also paid $450,000 to the State of Delaware. The action was subsequently dismissed, and all parties involved exchanged mutual releases.
It is important to note that, as part of the settlement, Noodles & Company did not admit any liability or wrongdoing. This type of settlement, where a party makes a payment without admitting fault, is a common practice in litigation to resolve disputes and avoid the costs and uncertainties of a trial.