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RISE - Menu Monitor

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Raving Brands is being sued by three former Moe’s Southwest Grill franchisees in Southern California. The franchisees are<br />

seeking $3.9 million in punitive and compensatory damages for alleged fraud, violations of state franchise investment laws and<br />

unlawful trade practices. Last year, the multi-concept company was sued for alleged misrepresentation and breach of contract<br />

by over 40 Mama Fu’s Noodle House franchisees in six states. (NRN Daily NewsFax 3/22/07)<br />

Focus Brands has completed its purchase of franchising rights to Moe’s Southwest Grill. The company acquired the rights<br />

from Raving Brands. Moe’s, a franchisor of 360 burrito restaurants in 34 states, was Raving Brands’ flagship concept. This<br />

contract makes Focus Brands the operator and franchisor of more than 10,000 outlets in 50 states and 32 countries. Other<br />

Focus Brands include Schlotzsky’s, Carvel and Cinnabon. Both Focus Brands and Raving Brands are based in Atlanta. (NRN<br />

Daily NewsFax 8/31/07; Yahoo! Finance 8/30/07)<br />

Moe’s Southwest Grill and former parent Raving Brands are being sued by more than 50 franchisees and their financial<br />

backers over allegations of fraud and breach of contract. The lawsuit, filed last week in federal court in Atlanta, makes many of<br />

the same claims franchisees made in a March lawsuit against the company. No trial date has been set. FOCUS Brands Inc.<br />

purchased the Moe’s concept from Raving Brands in September of this year. (Fastcasual.com 11/29/07)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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