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FranchiseVerdict

FDD Items 3 & 4 · 2023 filing

medspa810 litigation history

What medspa810 disclosed about lawsuits, arbitrations and bankruptcy in the 2023 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 & 4 at a glance

What the filing discloses

Cases disclosed
2
Item 3, as counted in the filing
Largest disclosed settlement
$450K
As stated in Item 3
Bankruptcy (Item 4)
Disclosed
Franchisor, parent, predecessor or officer
Filing year
2023
Disclosures cover the prior ten years

Extracted from the 2023 Franchise Disclosure Document

Item 3: litigation

Two concluded predecessor litigation cases: (1) Henry & Malone v. Dunatov et al. (2014) - fraud allegations re regional developer agreement, settled for $275,000; (2) Angela Henry et al. v. SPA 810 (2017) - fraud/breach of contract re settlement payment failure, default judgment of $450,000 plus $12,500 attorney fees. All claims satisfied through SPA 810 bankruptcy reorganization.

Disclosed in the 2023 Franchise Disclosure Document

Item 4: bankruptcy

Predecessor SPA 810, L.L.C. filed Chapter 11 in USBC District of Arizona (Case No. 2:18-bk-06718-DPC) on June 11, 2018; plan confirmed January 24, 2019. Also: Collision on Wheels International LLC (CEO Greg Longe) filed Chapter 7 in USBC Eastern District of Michigan on July 20, 2010, terminated December 10, 2014.

Disclosure signals that moved the score

How this shows up in the verdict

  • Material litigation history: Two fraud/breach cases totaling $725,000 in settlements/judgments against predecessor entity and principals raises governance and integrity concerns
  • Going concern flag: True status indicates potential financial instability of franchisor itself, creating support and survival risk
  • Non-transparent rebranding: Transition from SPA 810 to medspa810 may obscure negative history; litigation involved 'predecessor' entity but same principals/operations

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?