FDD Items 3 & 4 · 2026 filing
Transworld Business Advisors litigation history
What Transworld Business Advisors 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
FTC v. Minuteman Press International, Inc. and Speedy Sign-A-Rama, USA, Inc. (CV 93-2496) filed June 4, 1993 in Eastern District of New York regarding false earnings representations and disclosure violations. Injunction filed December 18, 1998. Signarama consent order with Maryland Securities Commissioner in January 1996.
Item 3 (litigation) · 4 matters disclosed
Litigation cases
Parent, affiliates, master franchisor and subfranchisor
Concluded (4)
In the Matter of: The Commissioner of Financial Protection and Innovation v. Great Greek Franchising, LLC and UFG Group, Inc. dba United Franchise Group
concludedGovernment or regulatory action · Great Greek Franchising, LLC, Graze Craze Franchising, LLC and UFG Group, Inc. · filed 2022-03-04 · California Department of Financial Protection and Innovation (two consent orders)
“The following orders relate solely to The Great Greek, GCZ and UFG: On March 4, 2022, The Great Greek, 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 16 of the 2026 FDD, Item 3
Outcome: “As required by the consent orders, The Great Greek, GCZ, and UFG agreed to desist and refrain from the violations of Corporations Code section(s) 31110, 31201, and 31204, pay an administrative penalty of $5,000 each, send a Notice of Consent Order to The Great Greek franchisees, and contract with an independent monitor for up to three years to assist with developing, implementing, and reviewing policies and ...”
In the Matter of: The Commissioner of Financial Protection and Innovation v. Great Greek Franchising, LLC
settledGovernment or regulatory action · Great Greek Franchising, LLC · filed 2021-08-09 · California Department of Financial Protection and Innovation
“The Great Greek 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
Federal Trade Commission, Plaintiff, v. Minuteman Press International, Inc., Speedy Sign-A-Rama, USA, Inc., Roy W. Titus and Jeffrey Haber, Defendants
concludedGovernment or regulatory action · Speedy Sign-A-Rama, USA, Inc. (Signarama) · 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 15 of the 2026 FDD, Item 3
In the Matter of Speedy Sign-A-Rama, USA, Inc.
settledGovernment or regulatory action · Speedy Sign-A-Rama, USA, Inc. (Signarama) · 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
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.
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?