Franchise Group Says Ex-CEO Kahn Controls Part of Business Again

Brian Kahn, the businessman who led Franchise Group Inc. before its bankruptcy and who faces a fraud lawsuit from federal regulators, is back in the game.

Kahn parted ways with Franchise Group, or FRG, in 2024 amid a scandal over his alleged participation in a criminal fraud at a collapsed hedge fund. But now Kahn has a role in a firm that bought some of FRG’s assets, even after a manager for the buyer assured a bankruptcy court that Kahn wouldn’t be involved, according to a lawsuit filed by his old company.

Brian Kahn

Source: SEC Filing

The case involves FRG’s sale ...