TES Franchising Responds to FTC Safe Harbor Violation Settlement
In response to the FTC’s announcement that it settled with TES Franchising for not complying with safe harbor laws (see 1504070026), TES Project Manager Marissa Ruderman said the company had not complied with the safe harbor laws because information about…
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renewing the safe harbor subscription had been sent to an individual who was no longer with the company. Once Ruderman was notified TES was out of compliance, she said, she contacted safe harbor officials and resolved the issue within a week or two. Ruderman said the settlement with the FTC is not monetary, but rather involves the company acknowledging it missed the deadline to renew its safe harbor subscription and pledging to not let it happen again.