FDD Items 3 & 4 · 2025 filing
Tribos Peri Peri litigation history
What Tribos Peri Peri disclosed about lawsuits, arbitrations and bankruptcy in the 2025 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
- None stated
- Bankruptcy (Item 4)
- None
- Franchisor, parent, predecessor or officer
- Filing year
- 2025
- Disclosures cover the prior ten years
Extracted from the 2025 Franchise Disclosure Document
Item 3: litigation
Case 1 (Pending): Kunal Sethi v. Mohammed Jafar Ismail and Lubna Ismail - Arbitration filed February 9, 2024 before American Arbitration Association. Claims include breach of partnership agreement, breach of fiduciary duties, breach of covenant of good faith and fair dealing, unjust enrichment, and minority shareholder oppression. Plaintiff seeks $1,200,000+ in damages. Arbitration scheduled for February 10, 2025. Defendants deny allegations and filed counterclaim seeking $75,966.36. Case 2 (Concluded): Mohammad Jafar Ismail and Lubna Ismail v. Dabeeruddin Khaja, Sangmesh Jabshetty, Sajir A. Mir, and Fozia Mir - Arbitration filed November 17, 2022. Claims involved dissolution, fraud, conversion, breach of contract, breach of fiduciary duty, tortious interference, and unjust enrichment related to AAJL LLC membership. Arbitration hearing May-June 2023. Arbitrator ruled July 17, 2023 that both parties breached duties under Operating Agreement due to unilateral actions and conflicts of interest. Remedy offered buyout option or dissolution (dissolution ongoing).
Disclosure signals that moved the score
How this shows up in the verdict
- 2 litigation matters against a tiny 6-unit system
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?