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Boudica Donating Member (47 posts) Send PM | Profile | Ignore Sat Mar-26-05 12:43 PM
Original message
Curves Founder Under Fire
It seems that the CEO and founder of Curves, uber right wing fundamentalist Christian Gary Heavin is being sued for going back on his promise for financial compensation of seven individuals who gave him financial support when he was a bankrupt owner of a number of fitness centers.
http://www.wacotrib.com/news/content/news/stories/2005/...

"Heavin told plaintiffs that he was a committed Christian, that he conducted his business based on biblical principles of honesty and integrity and that he would never try to cheat them," the suit says.

Heavin told the plaintiffs that they would receive a return on their investment of 20 percent of the initial franchise fees and 20 percent of the monthly fees paid by each franchise they sold, the suit contends. "

"In February 2002, not long after Schmidt was hired as general counsel, Heavin told the plaintiffs that "their original agreement was a mistake, that plaintiffs stood to earn too much money under the terms Heavin had promised and that plaintiffs would have to sign a new agreement under which plaintiffs would receive residuals of only 5 percent of the monthly fees paid by each franchise they sold, not 20 percent as originally promised," the suit claims."

"In February 2002, not long after Schmidt was hired as general counsel, Heavin told the plaintiffs that "their original agreement was a mistake, that plaintiffs stood to earn too much money under the terms Heavin had promised and that plaintiffs would have to sign a new agreement under which plaintiffs would receive residuals of only 5 percent of the monthly fees paid by each franchise they sold, not 20 percent as originally promised," the suit claims."

The rest of the article goes on to say that Heavin could buy out the plaintiffs at a tiny fraction of what the residuals were worth. The plaintiffs thought that Heavin would not go back on his word to pay them a fraction of the franchise fees for the rest of their lives, but he did just that.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-26-05 12:46 PM
Response to Original message
1. He's no Christian, but he sure as hell needs to be committed. Also,
Edited on Sat Mar-26-05 12:47 PM by HypnoToad
is "Heavin" a codename for Heathen?

(in other words, try to pay back what you owe. Especially if it's during a boom time. I'm trying to make good on my past mistakes. It boils me royally that Heathen wants to leech out of it, go fig.)
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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-26-05 12:54 PM
Response to Original message
2. one more reason to avoid this place ...I figured they were right wing
whack jobs....
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biscotti Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-26-05 01:36 PM
Response to Original message
3. It's creepy
I went to check it out when it opened in my little town. I left enraged at their corporate policy. Big long questionnaire. The interviewer kept saying but why are you here? I kept saying to exercise and tighten up my body. Get in shape.I said,You keep asking that question, I don't understand what you want me to answer. They kept asking if I was married. I kept refusing to answer and asking what does that have to do with exercising. They wouldn't quit. They want to have your checking account number to automatically dock your account monthly whether you go are not. On and On their requirements for "membership" where of personal and financial matters. I stormed out yelling that they should have a talk with their corporate headquarters about their tactics. I finished with, this seems like an illegal operation.
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