FDD Items 3 & 4 · 2022 filing
PureOne Services litigation history
What PureOne Services disclosed about lawsuits, arbitrations and bankruptcy in the 2022 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
- 0
- Item 3, as counted in the filing
- Largest disclosed settlement
- N/A
- Bankruptcy (Item 4)
- Disclosed
- Franchisor, parent, predecessor or officer
- Filing year
- 2022
- Disclosures cover the prior ten years
Extracted from the 2022 Franchise Disclosure Document
Item 3: litigation
Trustee of Dell Inc. d/b/a Quality RV filed suit against Todd Olson on May 12, 2016, in Minnesota Bankruptcy court seeking to avoid multiple transfers and subordination of claims. Olson denied liability and asserted various defenses. Co-defendants Anthony and Jessy Blaine filed cross-claims against Olson for breach of contract for deed and cancellation of contract for deed. Parties settled on July 19, 2017, with Olson agreeing to pay trustee $400,000.
Disclosed in the 2022 Franchise Disclosure Document
Item 4: bankruptcy
Dell Inc. d/b/a Quality RV, located at 3801 West Chelsea Road, Monticello, MN 55362, voluntarily filed Chapter 11 reorganization in District of Minnesota (4:16-bk-42287) in August 2016. Todd Olson was an officer. Assets sold to Camping World RV Sales, LLC. Converted to Chapter 7 in October 2016. Proceeding awaiting closing as of January 2021.
Disclosure signals that moved the score
How this shows up in the verdict
- Old officer-affiliated bankruptcy (2016, settled 2017) - low weight
- No active litigation or going-concern; audited financials
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?