FDD Items 3 & 4 · 2026 filing
The Good Feet Store litigation history
What The Good Feet Store 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
- 5
- 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
3 pending cases (Hall v. Good Feet Worldwide - product liability/negligence, customer injury, damages >$50,000; Tharpe v. GF SE, LLC - fraud/negligence, customer injury; Wetzel v. Dr.'s Own/Good Feet Worldwide - consumer fraud/negligence, damages >$600,000) and 2 concluded cases (Sisk v. Dr.'s Own/Good Feet Worldwide - class action consumer protection claims, settled for $125,000 in 2019; Conway v. Planet Fitness Holdings et al. - fraud/securities claims against current President Richard Moore in his prior role, unrelated to Good Feet System, $5.36M jury verdict/judgment in 2019-2022, does not involve Good Feet System).
Disclosed in the 2026 Franchise Disclosure Document
Item 4: bankruptcy
Item 4 discloses the Chapter 7 bankruptcy of Jenny Craig entities (In re JC USA, Inc., filed May 5, 2023, U.S. Bankruptcy Court, District of Delaware) because the franchisor's current CFO, Khuram Bhatti, was formerly Jenny Craig's Global CFO. This bankruptcy does not involve the Good Feet System and is not a personal bankruptcy of any officer.
Disclosure signals that moved the score
How this shows up in the verdict
- Active consumer fraud litigation and settled class action for trade practices violations suggest systemic compliance or marketing issues
- CEO fraud judgment from Planet Fitness role raises governance and integrity concerns for current leadership
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?