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Equity Extraction Schemes Live On in Franchising

May 12, 2014 By admin

The equity extraction scheme that was exposed by 7-11 Employee Kurt McCord brings back painful memories for me. The scheme is eerily similar to what was perpetrated against Dunkin’ Donuts franchisees from 1998 thru 2008. In that period it is estimated that Dunkin’ Brands extracted over $100 million dollars of franchisee equity from hundreds of […]

Filed Under: Failed Franchising, Fair Franchising, Featured Tagged With: 7-11, Equity Extraction, franchise owners, franchisee associations, franchisee bankruptcy, franchisees, legal, litigation, Pro-franchisee, UPS

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