Minnesota franchisee files lawsuit accusing Tim Hortons of misrepresentation, charging excessive markups [Financial Post (Toronto, Ontario, Canada)]
Restaurant Brands International Inc. Common Shares (QSR)
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Source: Financial Post
Minnesota franchisee files lawsuit accusing Tim Hortons of misrepresentation, charging excessive markups Owner of 14 Tim Hortons stores accuses the company of wrongdoing, including fraud and breach of contract A Tim Hortons franchisee accused the coffee chain on Wednesday of baiting him into spending “millions” on an ill-fated expansion, according to a lawsuit filed in Minnesota district court. The franchisee — Tim-Minn Inc. — is wholly owned by an Ontario company led by Paul Durigon, a Canadian whose construction firm helped build several Tim Hortons locations across Canada. Though Durigon’s company served as a landlord to “a few” of the franchises, according to the lawsuit he had no experience in franchising or the restaurant industry. In 2016, his Tim-Minn group nevertheless spearheaded Tim Hortons’ ambitious push into Minnesota, agreeing to open 280 franchises in a state in which previously there had been none. In the complaint Wednesday, Tim-Minn said Tim Hortons USA Inc. and its
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- 4/12/24 - Form 8-K/A
- 4/12/24 - Form 8-K/A
- 4/8/24 - Form 4
- QSR's page on the SEC website