- Report: #1437101
Complaint Review: Sanford Rose Associates International - Plano Texas
-
Author Confirmed
Why?
Sanford Rose Associates International
6860 Dallas Parkway Plano, 75024 Texas, United States
Phone:
972.616.7870
Web:
joinsranetwork.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Sanford Rose Associates International SRAI -- Franchisee Alleges Fraud -- Plano Texas
Nebo & Finch, Inc. is owned by a single mother. It doesn't have any assets and neither does the single mom who owns it. Nebo & Finch is just a piece of paper filed with the state. The single mom was only with Sanford Rose Associates for a few months before Sanford Rose Associates sued her. She had never opened a franchise location and was trying to get away from them.
The lawsuit was the franchise's decision, not the single mom's. Single moms don't want to try to beat franchises in court. How scary! She should have never signed that contract! Look at what they can do to ordinary people who sign the wrong piece of paper. It is soooooooooo frightening that franchises can do this in the United States.
The lawsuit has been going on since 2016. The single mom doesn't have any more money to pay her attorney and she's never even had a chance to settle without taking money out of her retirement and giving it to Sanford Rose Associates. It sounds like she's now lost everything except her retirement and it's not like she has a lot of money there. She and her children have really suffered. This is wrong.
Using courts to hurt vulnerable people is ugly. What kind of franchise is this? What about her children? She never even opened a buisness!
The two Chief Executive Officers are named Jeff Kaye and Nicholas Turner.
This is the press release that came out on March 20, 2018. It doesn't tell the whole story and there is more to tell.
FRANCHISEE ALLEGES FRAUD IN COUNTERCLAIM AGAINST SEARCH FIRM SANFORD ROSE ASSOCIATES
PLANO, Texas--(BUSINESS WIRE)--A franchisee of Sanford Rose Associates recently filed a counterclaim in Texas district court that alleges fraud and deceptive trade practices among other charges against the executive search firm. Nebo & Finch, Inc., a franchisee of Sanford Rose Associates, alleges in the counterclaim that the search firm illegally recorded telephone calls between Nebo & Finch and residents of several states that require two-party consent. In addition, the counterclaim alleges Sanford Rose Associates violated Federal Trade Commission requirements when it failed to disclose at least one and possibly more lawsuits the firm had filed against former franchisees.
In 2016, Nebo & Finch signed a franchise agreement with Sanford Rose Associates to become a franchisee of the Texas search firm in New Hampshire.
According to the lawsuit, Sanford Rose Associates “failed to disclose that the actions required or permitted to properly conduct the business of the franchise or the counter-defendant’s parent Kaye-Bassman (KBIC), were illegal activities – recording telephone conversations without proper consent with the intent to use illegally obtained information for commercial gain.”
The counterclaim also alleges Sanford Rose Associates misrepresented the anonymity of a survey measuring franchisee satisfaction; failed to provide training as promised in the franchise disclosure document and franchise agreement; used false advertising to induce Nebo & Finch to sign the franchise agreement; and omitted material information regarding other litigation against the franchise’s parent, KBIC, and the two companies’ CEOs.
Nebo & Finch states in the counterclaim that it was never informed that Sanford Rose Associates was involved in criminal activities before the franchise agreement was signed. The company further states that it would not have invested any money in Sanford Rose Associates had it known about the crimes prior to signing the contract.
The counterclaim seeks to recover losses including the franchise fee down payment, startup costs, travel costs and other expenses, including attorneys’ fees. Nebo & Finch also seeks punitive damages related to loss of reputation, time and credit.
A copy of the counterclaim can be viewed here and at www.LawsuitPressRelease.com.
https://www.businesswire.com/news/home/20180320006071/en/
