On January 25, 2017, the Securities Division entered into a Consent Order with Respondent Champs Chicken Franchising LLC of Holts Summit, Missouri. In the Consent Order, the Securities Division alleged that Champs Chicken violated the Franchise Investment Protection Act by offering and selling franchises to two state residents while not registered to do so and failed to provide prospective franchisees with a franchise disclosure document with current material information about the franchise offering. Without admitting or denying the Securities Division’s allegations, Respondent agreed to cease and desist from violations of RCW 19.100.020 and RCW 19.100.080, the registration and disclosure document portions of the Franchise Investment Protection Act. Respondent Champs Chicken Franchising LLC agreed to pay investigative costs of $3,000 and waived its right to a hearing and judicial review of the matter.
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