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Brice Foods

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Brice Foods was a company based out of Dallas, Texas, and was the parent of the frozen yogurt franchise I Can't Believe It's Yogurt. Brice Foods was sold in 1996 to Yogen Früz of Toronto, Canada, and the founders were no longer involved in the company.[citation needed]

I Can't Believe It's Yogurt

I Can't Believe It's Yogurt was founded in 1977 by Bill and Julie Brice from Dallas, Texas.[1] In 1981, I Can't Believe It's Yogurt sued TCBY, whose company name was originally "This Can't Be Yogurt!". The lawsuit filed by I Can't Believe It's Yogurt forced its competitor to change its name from "This Can't Be Yogurt!" to the backronym for its initials, "The Country's Best Yogurt."[2]

Fraud case

In 1999, several Brice Foods executives were sued for investment fraud and conspiracy by investors in international franchise operations.[3] The allegations related to Brice Foods' misappropriation of investor funds and defaulting on promissory notes back to 1992, and the flow of money to top company executives of Brice Foods.[4] A state court trial in San Antonio, Texas found the executives not liable on all counts.[citation needed]

See also

References

  1. ^ Christine Stube (February 1990). "I Can't Believe It's Yogurt! Dallas" (reprint). Dairy Foods. Retrieved 2008-11-16.
  2. ^ http://www.slate.com/id/2099747/
  3. ^ "Texas Justice: Expert Witness Report On Brice Foods' Conduction Of Securities Fraud Against 100 Investors From 1990 Through 199 -- Understanding The $12 Million Motive For The Yogurt Shop Murders Statement Of Barbara Bader Aldave Dean, St. Mary'S School Of Law (Part 1 of 3)". Archived from the original on 2009-01-06. Retrieved 2011-11-20.
  4. ^ "Texas Justice: Expert Witness Report On Brice Foods' Conduction Of Securities Fraud Against 100 Investors From 1990 Through 1995 -- Understanding The $12 Million Motive For The Yogurt Shop Murders Statement Of Barbara Bader Aldave Dean, St. Mary'S School Of Law (Part 2 of 3)". Archived from the original on 2009-01-06. Retrieved 2011-11-20.


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