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FranchiseVerdict

FDD Items 3 & 4 · 2026 filing

The Bar Method litigation history

What The Bar Method 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 & 4 at a glance

What the filing discloses

Cases disclosed
3
Item 3, as counted in the filing
Largest disclosed settlement
$125K
As stated in Item 3
Bankruptcy (Item 4)
Disclosed
Franchisor, parent, predecessor or officer
Filing year
2026
Disclosures cover the prior ten years

Extracted from the 2026 Franchise Disclosure Document

Item 3: litigation

Three disclosed matters, all involving predecessor entities: (1) Twin Cities Barbelles/O'Rourke arbitration alleging inadequate Item 19 disclosures and misrepresentation, settled 2021 for $125,000; (2) Illinois AG action (2009) for unregistered franchise sales, resolved by consent decree with $5,000 penalty; (3) New York AG investigation (2009) for unregistered franchise sales, resolved by Assurance of Discontinuance with $2,500 payment. No current/active litigation involving the franchisor itself.

Disclosed in the 2026 Franchise Disclosure Document

Item 4: bankruptcy

CEO Thomas Leverton was CEO of CEC Entertainment, Inc. which filed Chapter 11 bankruptcy in June 2020, approximately 4 months after he left; plan confirmed December 2020.

Disclosure signals that moved the score

How this shows up in the verdict

  • Three litigation matters (2 AG consent actions, 1 settled Item 19 arbitration)
  • Old, unrelated officer-affiliated bankruptcy (CEC Entertainment) — low weight

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?