The Bombay Group

Lawsuit Alleges Deception in Franchising Saucy Bombay by The Bombay Group

A lawsuit has been filed alleging fraud by The Bombay Group (TBG) in their plan to franchise Saucy Bombay, exploiting the burgeoning trend of fast-casual restaurants. The state's securities commissioner, Tung Chan, revealed that investors were misled about the nature of their investments and have not received the promised returns....