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Business ProfileforPur Beverages, Inc.
Additional business information
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.
On August 25, 2017, the Securities Division of Washington Department of Financial Institutions entered a Statement of Charges against Respondents Robert Glenn Hubbard, a.k.a. Rob Hubbard, and Pur Beverages, Inc.
The Securities Division alleges that the Respondents offered and/or sold franchises to Washington residents in violation of state franchise law. The Division alleges that Respondents violated the Franchise Investment Protection Act by offering and selling franchises in Washington 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. Respondents provided prospective franchisees with online financial performance representations that did not contain all the material information about the representations including, but not necessarily limited to, the material basis and assumptions underlying the representations. The Securities Division intends to order the Respondent to cease and desist from violations of RCW 19.100.020, RCW 19.100.080, and RCW 19.100.170, the franchise registration, disclosure document, and violations sections of the Franchise Investment Protection Act. The Respondents each have an opportunity for hearing in this matter.
For further information, contact the Securities Division of Washington Department of Financial Institutions at (877) 746-4334 or at www.dfi.wa.gov.
At-a-glance
Related Categories
Business Details
- Location of This Business
- Portland, OR 97202-4736
- BBB File Opened:
- 10/18/2017
- Years in Business:
- 9
- Business Started:
- 12/10/2014
- Business Incorporated:
- 12/10/2014
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Type of Entity:
- Corporation
- Business Management
- Mr. Robert Hubbard, President
- Contact Information
Principal
- Mr. Robert Hubbard, President
Customer Contact
- Mr. Robert Hubbard, President
Customer Complaints
0 Customer Complaints
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