How a Social Media Post Cost the Seller Hundreds of Thousands of Dollars
A multi-unit franchisee in a national retail chain acquires a large local franchise location. The day before the sale was set to close, an employee got into an altercation with a customer. The incident was captured on video and posted on social media. This cost the seller hundreds of thousands of dollars.
A buyer threatens to sue the seller one year after a sale because of alleged misrepresentation of revenue.
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