In addition, the complaint alleged, All Snax failed to give investors an earnings claim document to substantiate its claims about the actual earnings of existing franchisees and the potential earnings of prospective franchisees. The settlement also contains standard reporting requirements designed to assist the FTC in monitoring the defendants' compliance. The FTC vote to authorize filing of the proposed settlement was 5-0. The FTC's Denver Regional Office handled the investigation. This consent decree is for settlement purposes only and does not constitute an admission by the defendants of a law violation.
Consent decrees have the force of law when signed by the judge.