New Guidelines Seek To Clarify Multi-Unit Franchise Offerings, Pitegoff Says
Veteran LeClairRyan attorney says regulators aim to eliminate confusion among prospective single-unit franchisees, area developers and area reps in disclosure documents. New York, N.Y. (PRWEB) October 02, 2014 A new set of regulatory guidelines for franchisors provides clarity on how to present franchise opportunities to prospective buyers, said Tom Pitegoff, a veteran franchising attorney with national law firm LeClairRyan. On Sept. 16, state regulators with the North American Securities Administrators Association, Inc. (NASAA) issued guidance clarifying the distinctions between single-u
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