Wexler Wallace LLP Files Class Action on Behalf of Ace Hardware Franchise Investors
On October 18, Wexler Wallace LLP, along with co-counsel Patrick R. Burns and Zimmerman Reed PLLP, filed a nationwide class action against Ace Hardware Corporation for providing misleading information to potential franchise investors.
The complaint alleges that Ace’s “Vision 21” concept, purportedly designed to help new or converted franchises achieve retail success by providing them with the tools necessary to compete with big box hardware or home improvement stores, resulted in failed franchises. Plaintiffs allege that Ace provided potential Vision 21 franchisees with false and misleading financial information relating to the success of new or converted stores.
If you or someone you know invested in a Vision 21 franchise, you may contact us by completing our confidential online form or by calling 312-346-2222.
To view a copy of the complaint, please click here.