FDD Items 3 & 4 · 2026 filing

Exit Factor litigation history

What Exit Factor disclosed about lawsuits, arbitrations and bankruptcy in the 2026 Franchise Disclosure Document. Item 3 lists the material legal actions a franchisor must report; Item 4 covers bankruptcy. This is the franchisor's own disclosure, not a court record, and not legal advice.

Items 3 (litigation) & 4 (bankruptcy) at a glance

What the filing discloses

Cases disclosed: 4; Item 3, as counted in the filing

Largest settlement, franchisor's own cases: None stated

Bankruptcy (Item 4): None; Franchisor, parent, predecessor or officer

Filing year: 2026; Disclosures cover the prior ten years

Extracted from the 2026 Franchise Disclosure Document

Item 3: litigation

No pending, past-year, or completed litigation against the Company itself. Item 3(D) discloses restrictive/consent orders involving affiliates: a 1993 FTC injunction against Minuteman Press/Speedy Sign-A-Rama (Signarama) principals for earnings-claim violations; a 1996 Maryland Securities Commissioner consent order against Signarama for unregistered franchise sales; a 2021 California DFPI consent order against TGG for franchise-fee timing violations; and two March 2022 California DFPI consent orders against TGG, GCZ, and UFG for unregistered offering activity at a trade show.

Item 3 (litigation) · 4 matters disclosed

Litigation cases

Parent, affiliates, master franchisor and subfranchisor

Concluded (3)

In the Matter of: The Commissioner of Financial Protection and Innovation v. Great Greek Franchising, LLC
concluded
Government or regulatory action · Great Greek Franchising, LLC (TGG, our affiliate) · filed 2021-08-09 · Department of Financial Protection and Innovation of the State of California
“TGG entered into a consent order with the Department of Financial Protection and Innovation of the State of California on August 9, 2021.”Page 15 of the 2026 FDD, Item 3
In the Matter of Speedy Sign-A-Rama, USA, Inc.
concluded
Government or regulatory action · Speedy Sign-A-Rama, USA, Inc. (Signarama, our affiliate) · filed 1996 · Securities Commissioner of Maryland · S-95-112
“Signarama entered into a consent order with the Securities Commissioner of Maryland in January of 1996. The matter is captioned In the Matter of Speedy Sign-A-Rama, USA, Inc., Case No. S-95-112.”Page 15 of the 2026 FDD, Item 3
Federal Trade Commission, Plaintiff, v. Minuteman Press International, Inc., Speedy Sign-A-Rama, USA, Inc., Roy W. Titus and Jeffrey Haber, Defendants
concluded
Government or regulatory action · Speedy Sign-A-Rama, USA, Inc. (Signarama, our affiliate), with Roy W. Titus · filed 1993-06-04 · United States District Court, Eastern District of New York · CV 93-2496
“… (CV 93-2496) Filed on June 4, 1993, in the United States District Court, Eastern District of New York.”Page 14 of the 2026 FDD, Item 3
Outcome: “On December 18, 1998, an injunction was filed prohibiting the Defendants excluding Haber from doing the following: A. Making, or assisting in the making of, expressly or by implication, orally or in writing, to any prospective franchisee any statement or representation of past, present or future” (page 15)

Status not stated in the filing (1)

In the Matter of: The Commissioner of Financial Protection and Innovation v. Great Greek Franchising, LLC and UFG Group, Inc. dba United Franchise Group, and In the Matter of: The Commissioner of Financial Protection and Innovation v. Great Greek Franchising, LLC and UFG Group, Inc. dba United Franc
Government or regulatory action · Great Greek Franchising, LLC (TGG), GCZ (Graze Craze franchisor) and UFG Group, Inc. dba United Franchise Group · filed 2022-03-04 · State of California Department of Financial Protection and Innovation
“On March 4, 2022, TGG, GCZ, and UFG entered into consent orders with the State of California, and its Department of Financial Protection and Innovation, as it relates to alleged violations which occurred at a trade show in California.”Page 15 of the 2026 FDD, Item 3

Item 3 lists the litigation the franchisor must disclose; a matter against a parent, an affiliate or a named officer is not a matter against the franchisor, and pending claims are allegations, not findings.

Disclosure signals that moved the score

How this shows up in the verdict

Parent company UFG and affiliated brands (Signarama, TGG, GCZ) involved in multiple litigation cases regarding registration violations and improper financial performance representations, suggesting systemic compliance issues
35-year term is unusually long and locks franchisees into relationship with litigation-prone franchisor with demonstrated regulatory compliance failures

The verdict grade is FranchiseVerdict's editorial assessment across SBA loan performance, unit growth, revenue and disclosure signals. It is not investment advice.

Before you weigh a lawsuit

How to read Item 3

A franchisor must disclose pending actions and any material civil action involving the franchise relationship, plus convictions or civil judgments for fraud, unfair or deceptive practices, or franchise-law violations, going back ten years. A case the franchisor brought against a franchisee counts too. Item 3 does not include every dispute: settled claims below the materiality line and matters resolved in private arbitration can be absent.

Questions worth asking current and former franchisees, using the contact list in Item 20:

Were you, or anyone you know in the system, party to a dispute with the franchisor?
Was it resolved by settlement, arbitration or a court, and on what terms?
Has the number of disputes gone up or down since you signed?

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