The Internicola Law Firm, P.C.

Combating Franchisor Fraud

If you own a franchise in New York, one thing you need to be careful of is franchisor fraud. Fraud may be asserted if a franchisor has made a misrepresentation in their disclosure document, such as altering their financial records. Furthermore, a franchisor may be accused of fraud for omitting a material fact.

For instance, a franchisor is required to disclose their litigation and bankruptcy history. If a franchisor fails to disclose a previous lawsuit against their company, they may be guilty of fraud for omitting this fact in their disclosures. To establish fraud, you must show that the misrepresentation was knowingly made or that it had been made recklessly.

In this type of franchise dispute, you may need to get the professional help of a New York franchise lawyer. In a case of franchisor fraud, you must show that you suffered damages as a result of the franchisor's misrepresentation.

If you own a franchise in New York, and you are involved in a franchise dispute, there may be legal remedies. These remedies include legislative solutions and civil actions against a franchisor. To pursue legal remedies in a franchise dispute, you can get the professional help of a New York franchise lawyer. 

If you are an entrepreneur interested in franchising your business there is a lot you need to know, including the significance of evaluating your trademark and how to approach the preparation of your Franchise Disclosure Document. For a limited time, get New York franchise lawyer Charles N. Internicola, Esq's franchise law report to determine whether your business is right for franchising. Contact us today at 1-800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs franchise their business nationwide.