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FTC v PARADE OF TOYS INC Click to find out why . . .



Keywords & Phrases
CaseNo: FVPOTI115070, CourtCode: FED, CourtName: FEDERAL TRADE COMMISSION, Plaintiff: FTC, State: CA California, UniqueCaseRef: LCD>FVPOTI115070, Franchise, Federal Trade Commission, Consent Judgment, Toys, Act, Consent Order, District, Complaint, Kansas, Defendant Megan, Entry, Business Venture, San Francisco, Materials, Ftc Act, Sale, Violations, Dennis, Business Ventures, Hereby, Defendants Parade, Parties, Relief, Robert, Bouckhout, Vaughan, Wall, Practices, Franchise Rule, Purchasers, Thereof, Parade, Commission, Disclose, Display Rack, Directors, Successor, Compliance, Purposes, Financial Statement, Prospective Franchisees , ContentID: 120247540

Case Documents
1   CONSENT JUDGMENT - DEF WALL
[ see first page and extracted highlights below  ] ItemID: 117955
6 pages
HTML
2   CONSENT JUDGMENT - DEF VAUGHAN
[ see first page and extracted highlights below  ] ItemID: 117954
5 pages
HTML
3   CONSENT JUDGMENT - DEF BOUCKHOUT
[ see first page and extracted highlights below  ] ItemID: 117953
5 pages
HTML
4   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 117952
7 pages
HTML
Total Documents: 4 documents , 23 pages
Price: $ 34.95


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1 . CONSENT JUDGMENT - DEF WALL

EXTRACTED KEY WORDS
CONSENT JUDGMENT
DEFENDANT MEGAN
BUSINESS
FEDERAL TRADE COMMISSION
WALL
FRANCHISE RULE
BUSINESS VENTURE
PLAINTIFF
MATERIALS
ATTORNEYS
COURT
REPRESENTATION
HEREBY
SAN FRANCISCO
DISCLOSURE
ENTRY
COMPLAINT
SALE
DIRECTIVES
DISTRICT
PARTIES
PURPOSES
BUSINESS ENTITY
EARNINGS CLAIM
PROSPECTIVE FRANCHISEE
FAILING
FINANCIAL STATEMENT
THEREOF
PARAGRAPH
   DEBRA VALENTINE
   General Counsel

   DAVID M. NEWMAN (Calif. State Bar No. 54218)
   SYLVIA KUNDIG (Calif. Bar No. 172488)
   Federal Trade Commission
   901 Market Street, Suite 570
   San Francisco, CA 94103
   (415) 356-5270

   Attorneys for Plaintiff

                        UNITED STATES DISTRICT COURT
                             DISTRICT OF KANSAS

                    FEDERAL TRADE COMMISSION, Plaintiff,

                                     v.

                  PARADE OF TOYS, INC. et al., Defendants.

                            Case No. 97-2367-GTV

       CONSENT JUDGMENT AND ORDER CONTAINING PERMANENT INJUNCTION RE:
                                 DEFENDANT
                               MEGAN N. WALL

   WHEREAS Plaintiff, the Federal Trade Commission, has commenced this
   action by filing the Complaint herein; defendant Megan N. Wall has
   been served with the Summons and Complaint; the parties have been
   represented by the attorneys whose names appear hereafter; and the
   parties have agreed to settlement of this action upon the following
   terms and conditions, without adjudication of any issue of fact or law
   and without defendant admitting liability for any of the matters
   alleged in the Complaint;

   THEREFORE, on the joint motion of plaintiff and defendant Megan N.
   Wall, it is hereby ORDERED, ADJUDGED, and DECREED as follows:

                                DEFINITIONS

   For the purposes of this Consent Judgment and Order, the following
   definitions shall apply:

   "Franchise" is defined in Section 436.2(a) of the Commission's Trade
   Regulation Rule entitled "Disclosure Requirements and Prohibitions
   Concerning Franchising and Business Opportunity Ventures," 16 C.F.R.
   Part 436 (hereinafter the "Franchise Rule"). The term "franchise" in
SNIPPETS:
  • Attorneys for Plaintiff
  • UNITED STATES DISTRICT COURT
  • FEDERAL TRADE COMMISSION, Plaintiff,
  • CONSENT JUDGMENT AND ORDER CONTAINING PERMANENT INJUNCTION RE:
  • WHEREAS Plaintiff, the Federal Trade Commission, has commenced this action by filing the int;
  • THEREFORE, on the joint motion of plaintiff and defendant Megan N. Wall, it is hereby
  • "Franchise" is defined in Section 436.2of the Commission's Trade Regulation Rule entitled
  • "Business venture" is defined as any written or oral arrangement, however denominated,
  • more than nominal assistance to any person or entity in connection with or incident to the
  • This Court has jurisdiction of the subject matter and of the parties, and venue is proper in
  • BAN ON MISREPRESENTATIONS IN THE SALE OF FRANCHISE OR BUSINESS VENTURE
  • ORDERED that defendant Megan N. Wall, and her agents, servants and attorneys, and those rmation about the costs associated with purchasing such franchise or business venture, including
  • Failing to provide any prospective franchisee with a basic written disclosure document
  • Failing to possess a reasonable basis for any oral, written or visual earnings claim or
  • IT IS FURTHER ORDERED that within three business days after the date of entry of this Consent ess, accuracy and completeness of defendant Megan N. Wall's financial statement executed on
  • The plaintiff's agreement to this Consent Judgment and Order is expressly premised on the
  • If, upon motion by the plaintiff, this Court finds that defendant Megan N. Wall failed to r, that in all other respects the Consent Judgment and Order shall remain in full force and effect;
  • Solely for the purposes of this Paragraph, defendant Megan N. Wall waives any right to
  • ORDERED that, for a period of five years from the date of entry of this Consent Judgment and ny promotional material;
  • ORDERED that this Court shall retain jurisdiction of this matter for the purposes of enabling

  • 2 . CONSENT JUDGMENT - DEF VAUGHAN

    EXTRACTED KEY WORDS
    DEFENDANT
    FEDERAL TRADE COMMISSION
    DENNIS
    VAUGHAN
    BUSINESS
    TOYS
    PLAINTIFF
    COURT
    SAN FRANCISCO
    FRANCHISE
    ENTRY
    MATERIALS
    ATTORNEYS
    COMPLAINT
    BUSINESS VENTURE
    DISTRICT
    PARTIES
    HEREBY
    PURPOSES
    SUCCESSOR
    THEREOF
    FINANCIAL STATEMENT
    PARAGRAPH
    COMPLIANCE
    SALE
    DIRECTORS
    COUNSEL
    ADVERTISING
    JURISDICTION
    
       DEBRA VALENTINE
       General Counsel
    
       DAVID M. NEWMAN (Calif. State Bar No. 54218)
       SYLVIA KUNDIG (Calif. Bar No. 172488)
       Federal Trade Commission
       901 Market Street, Suite 570
       San Francisco, CA 94103
       (415) 356-5270
    
       Attorneys for Plaintiff
    
                            UNITED STATES DISTRICT COURT
                                 DISTRICT OF KANSAS
    
                        FEDERAL TRADE COMMISSION, Plaintiff,
    
                                         v.
    
                      PARADE OF TOYS, INC. et al., Defendants.
    
                                Case No. 97-2367-GTV
    
           CONSENT JUDGMENT AND ORDER CONTAINING PERMANENT INJUNCTION RE:
                                     DEFENDANTS
                         WONDERFUL WORLD OF TOYS, INC., AND
                                 DENNIS W. VAUGHAN
    
       WHEREAS Plaintiff, the Federal Trade Commission, has commenced this
       action by filing the Complaint herein; defendants Wonderful World of
       Toys, Inc., and Dennis W. Vaughan have been served with the Summons
       and Complaint; the parties have been represented by the attorneys
       whose names appear hereafter; and the parties have agreed to
       settlement of this action upon the following terms and conditions,
       without adjudication of any issue of fact or law and without
       defendants admitting liability for any of the matters alleged in the
       Complaint;
    
       THEREFORE, on the joint motion of plaintiff and defendants Wonderful
       World of Toys, Inc., and Dennis W. Vaughan, it is hereby ORDERED,
       ADJUDGED, and DECREED as follows:
    
                                    DEFINITIONS
    
       For the purposes of this Consent Judgment and Order, the following
       definitions shall apply:
    
       "Franchise" is defined in Section 436.2(a) of the Commission's Trade
    
    SNIPPETS:
  • Attorneys for Plaintiff
  • UNITED STATES DISTRICT COURT
  • FEDERAL TRADE COMMISSION, Plaintiff,
  • PARADE OF TOYS, INC. et al., Defendants.
  • CONSENT JUDGMENT AND ORDER CONTAINING PERMANENT INJUNCTION RE:
  • WHEREAS Plaintiff, the Federal Trade Commission, has commenced this action by filing the r any of the matters alleged in the Complaint;
  • THEREFORE, on the joint motion of plaintiff and defendants Wonderful World of Toys, Inc., and
  • "Franchise" is defined in Section 436.2of the Commission's Trade Regulation Rule entitled
  • The term "franchise" in this Consent Judgment and Order shall encompass any successor
  • more than nominal assistance to any person or entity in connection with or incident to the
  • This Court has jurisdiction of the subject matter and of the parties, and venue is proper in
  • BAN ON THE SALE OF FRANCHISE OR BUSINESS VENTURE
  • Advertising, promoting, offering for sale or selling any franchise or business venture;
  • IT IS FURTHER ORDERED that within three business days after the date of entry of this Consent fulness, accuracy and completeness of defendant Dennis W. Vaughan's financial statement executed on
  • The plaintiff's agreement to this Consent Judgment and Order is expressly premised on the
  • If, upon motion by the plaintiff, this Court finds that defendant Dennis W. Vaughan failed to however, that in all other respects the Consent Judgment and Order shall remain in full force and
  • Solely for the purposes of this Paragraph, defendant Dennis W. Vaughan waives any right to
  • IT IS FURTHER ORDERED that defendant Wonderful World of Toys, Inc., its successors and and serve the Federal Trade Commission, by mailing a copy thereof to the Regional Director, San
  • ORDERED that defendant Dennis W. Vaughan shall within thirty days of the entry of this a copy of this Consent Judgment and Order, and shall, within ten days of complying with this provided;
  • ORDERED that, for a period of five years from the date of entry of this Consent Judgment and materials upon which defendants rely as the basis for any claims made in any promotional material;
  • The Federal Trade Commission, by its counsel, and defendants and their counsel, hereby

  • 3 . CONSENT JUDGMENT - DEF BOUCKHOUT

    EXTRACTED KEY WORDS
    DEFENDANTS
    FEDERAL TRADE COMMISSION
    DEFENDANTS PARADE
    TOYS
    COURT
    ROBERT
    BOUCKHOUT
    KANSAS
    BUSINESS
    REDRESS
    ENTRY
    FRANCHISE
    ATTORNEYS
    JUDGEMENT
    SAN FRANCISCO
    PLAINTIFF
    DIRECTORS
    DISTRICT
    PARTIES
    BUSINESS VENTURE
    COMPLAINT
    HEREBY
    SUCCESSOR
    PAYMENT
    AMOUNTS
    OFFICERS
    COMPLIANCE
    THEREOF
    MATERIALS
    
       DEBRA VALENTINE
       General Counsel
    
       DAVID M. NEWMAN (Calif. State Bar No. 54218)
       SYLVIA KUNDIG (Calif. Bar No. 172488)
       Federal Trade Commission
       901 Market Street, Suite 570
       San Francisco, CA 94103
       (415) 356-5270
    
       Attorneys for Plaintiff
    
                            UNITED STATES DISTRICT COURT
                                 DISTRICT OF KANSAS
    
                        FEDERAL TRADE COMMISSION, Plaintiff,
    
                                         v.
    
                      PARADE OF TOYS, INC. et al., Defendants.
    
                                Case No. 97-2367-GTV
    
                              CONSENT ORDER CONTAINING
                        PERMANENT INJUNCTION RE: DEFENDANTS
                   PARADE OF TOYS, INC., AND ROBERT E. BOUCKHOUT
    
       WHEREAS Plaintiff, the Federal Trade Commission, has commenced this
       action by filing the Complaint herein; defendants Parade of Toys,
       Inc., and Robert E. Bouckhout have been served with the Summons and
       Complaint; the parties have been represented by the attorneys whose
       names appear hereafter; and the parties have agreed to settlement of
       this action upon the following terms and conditions, without
       adjudication of any issue of fact or law and without defendants
       admitting liability for any of the matters alleged in the Complaint;
    
       THEREFORE, on the joint motion of plaintiff and defendants Parade of
       Toys, Inc., and Robert E. Bouckhout, it is hereby ORDERED, ADJUDGED,
       and DECREED as follows:
    
                                    DEFINITIONS
    
       For the purposes of this Consent Judgment and Order, the following
       definitions shall apply:
    
       "Franchise" is defined in Section 436.2(a) of the Commission's Trade
       Regulation Rule entitled "Disclosure Requirements and Prohibitions
       Concerning Franchising and Business Opportunity Ventures," 16 C.F.R.
    
    SNIPPETS:
  • Attorneys for Plaintiff
  • UNITED STATES DISTRICT COURT
  • DISTRICT OF KANSAS
  • FEDERAL TRADE COMMISSION, Plaintiff,
  • PARADE OF TOYS, INC. et al., Defendants.
  • CONSENT ORDER CONTAINING
  • WHEREAS Plaintiff, the Federal Trade Commission, has commenced this action by filing the f the matters alleged in the Complaint;
  • THEREFORE, on the joint motion of plaintiff and defendants Parade of Toys, Inc., and Robert
  • "Franchise" is defined in Section 436.2of the Commission's Trade Regulation Rule entitled
  • The term "franchise" in this Consent Judgment and Order shall encompass any successor
  • "Business venture" is defined as any written or oral arrangement, however denominated,
  • more than nominal assistance to any person or entity in connection with or incident to the
  • This Court has jurisdiction of the subject matter and of the parties, and venue is proper in
  • BAN ON THE SALE OF FRANCHISE OR BUSINESS VENTURE
  • PROVISIONS RELATED TO CONSUMER REDRESS
  • IT IS FURTHER ORDERED that defendants Parade of Toys, Inc., and Robert E. Bouckhout shall pay
  • IT IS FURTHER ORDERED that defendant Parade of Toys, Inc., its successors and assigns, shall on, by mailing a copy thereof to the Regional Director, San Francisco Regional Office, Federal
  • ORDERED that, for a period of five years from the date of entry of this Consent Order, ely as the basis for any claims made in any promotional material;

  • 4 . COMPLAINT

    EXTRACTED KEY WORDS
    ACT
    FRANCHISE
    BUSINESS
    FTC ACT
    VIOLATIONS
    BUSINESS VENTURES
    DISTRICT
    RELIEF
    KANSAS
    PRACTICES
    PURCHASERS
    COURT
    PARADE
    COMMISSION
    COMPLAINT
    DISCLOSE
    DISPLAY RACK
    PROSPECTIVE FRANCHISEES
    CAROUSEL DISPLAY RACK
    SALE
    EARNINGS
    PLAINTIFF
    TOYS
    REPRESENTATIONS
    FEDERAL TRADE COMMISSION
    INJUNCTION
    DECEPTIVE ACTS
    ALLEGES
    CONSUMERS
    
       STEPHEN CALKINS
       General Counsel
    
       DAVID M. NEWMAN (Calif. Bar No. 54218)
       SYLVIA KUNDIG (Calif. Bar No. 172488)
       Federal Trade Commission
       901 Market Street, Suite 570
       San Francisco, California 94103
       (415) 356-5270;
       (415) 356-5284 (fax)
    
       Attorneys for Plaintiff
    
                            UNITED STATES DISTRICT COURT
                             FOR THE DISTRICT OF KANSAS
    
                       FEDERAL TRADE COMMISSION, Plaintiff,
    
                                         v.
    
                    PARADE OF TOYS, INC., a Kansas Corporation;
                WONDERFUL WORLD OF TOYS, INC., a Kansas Corporation;
              ROBERT E. BOUCKHOUT, individually and as an officer and
                         director of Parade of Toys, Inc.;
                   DENNIS VAUGHAN, individually and as an officer
         or senior manager of Parade of Toys, Inc., and Wonderful World of
                                  Toys, Inc.; and
       MEGAN WALL, individually and as an officer or senior manager of Parade
           of Toys, Inc., and Wonderful World of Toys, Inc., Defendants.
    
                                      Case No.
    
                         COMPLAINT FOR PERMANENT INJUNCTION
                             AND OTHER EQUITABLE RELIEF
    
       Plaintiff, the Federal Trade Commission ("Commission"), for its
       complaint alleges:
    
       1. The Commission brings this action under Sections 13(b) and 19 of
       the Federal Trade Commission Act ("FTC Act"), 15 U.S.C. §§ 53(b) and
       57b, to secure a permanent injunction, preliminary injunctive relief,
       and other equitable relief for defendants' unfair or deceptive acts or
       practices in violation of Section 5(a) of the FTC Act, 15 U.S.C.
       § 45(a), and the Commission's Trade Regulation Rule entitled
       "Disclosure Requirements and Prohibitions Concerning Franchising and
       Business Opportunity Ventures ("the Franchise Rule" or "the Rule"), 16
       C.F.R. Part 436.
    
    
    SNIPPETS:
  • UNITED STATES DISTRICT COURT
  • FOR THE DISTRICT OF KANSAS
  • FEDERAL TRADE COMMISSION, Plaintiff,
  • director of Parade of Toys,
  • MEGAN WALL, individually and as an officer or senior manager of Parade of Toys, Inc., and
  • COMPLAINT FOR PERMANENT INJUNCTION
  • AND OTHER EQUITABLE RELIEF
  • Plaintiff, the Federal Trade Commission, for its complaint alleges:
  • The Commission brings this action under Sections 13and 19 of the Federal Trade Commission
  • The Commission is charged, inter alia, with enforcement of Section 5of the FTC Act, 15 U.S.C.
  • The Commission is authorized to initiate federal district court proceedings to enjoin
  • Defendant Parade of Toys, Inc., a Kansas corporation, with its most recent place of business
  • Defendant Wonderful World of Toys, Inc., a Kansas corporation, with its most recent place of
  • In order to induce consumers to make a minimum investment of $18,900, the defendants have
  • The defendants have misrepresented the earnings potential of the business venture, and failed
  • The defendants have also failed to disclose material information about the costs associated
  • Therefore, defendants' representations as set forth in Paragraph 12 are false and misleading
  • The Franchise Rule requires a franchisor to provide prospective franchisees with a complete
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