Federal Trade Commission (FTC) (CLOSED)
Most Recent Update 9/04 (See end of document)
General Information:
On February 21, 2003, the United States of America filed a complaint
against Grover Stewart A/K/A Lee Stewart in the United States District
Court for the Southern District of Florida (Civil Docket Case #: 03-CV-60237).
In the complaint, the United States alleges that Stewart offered franchises
to the public without making disclosures that are required by law. The
Government has alleged that, when promoting and selling its business
opportunities, Stewart engaged in sales practices that violate Federal
Trade Commission regulations relating to the sale of franchises and
the Federal Trade Commission Act.
Future developments in this case will be posted to this web page. As
such, please do not attempt to contact the Consumer Protection Branch
by telephone or e-mail. For more information in this matter, please
visit the related case site: US
v. Nationwide Premium Cigar Distributors Corp., et al.
11/03 Update:
No change in status.
2/04 Update:
No change in status.
9/04 Update:
On March 29, 2004, a final Order was entered by the Court which, among
other things, banned the defendant, Grover Stewart, for a period of
three years from engaging or participating in the advertising, promotion,
offering for sale, or sale of any Business Venture or Franchise. Further,
after this three year period the defendant is permanently prohibited
from any such activities unless he first obtains a surety bond in the
sum of $100,000. Consumer redress of $90,000 was suspended due to the
financial condition of defendant.
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