National Trade Magazine Story Details Allegations Against Cardinal Health, According to Franchisees for Fair Value

ST. LOUIS, Nov. 29, 2010 /PRNewswire/ -- Franchise Times, a national industry magazine, published a story in its November/December issue detailing allegations of Cardinal Health's heavy handed treatment of its franchisees.  The feature includes an examination of a class action lawsuit, supported by more than 200 franchisees, against Cardinal Health as well as the individual situations of two different franchisees that have faced financial distress and yet were met with a relentless Cardinal Health as they sought relief from their suffering businesses.

In the article, titled "Bad Medicine," author Jonathan Maze includes interviews with former Medicine Shoppe CFO Don Schreiber, lead attorney for the franchisees David Harris, and another beleaguered Medicine Shoppe franchisee Pat Helm of Chickasha, Oklahoma.  A copyright approved link to the article is available at www.franchiseesforfairvalue.com.

The members of the legal action have joined in a coalition called Franchisees for Fair Value.  Of their claims against Cardinal Health, the concept of "lost future royalties" is at the forefront.  The Franchise Times article reports on a recent legal decision in Missouri where the judge found no basis for Cardinal Health to claim lost future royalties in the case of a financially distressed franchisee.  The article quotes highly regarded franchise attorney Ron Gardner in saying that the Missouri judgment may change the tide in case law to support franchisees against threats of owing future royalties.

Independent franchisees continue to join the legal action and are encouraged to do so by the Pharmacy Franchise Owners Association-MS and MC, the trade associations for owners of both Medicine Shoppe and Medicap pharmacies.  Franchisees for Fair Value is the group designation specifically for those owners who are supporting the class action.

SOURCE Franchisees for Fair Value

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