Skip to main content

TPTEA USA Inc. – Consent Order – S-24-3712-25-CO01

Case summary

On July 7, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Consent Order (S-24-3712-25-CO01) against TPTEA USA Inc..

Order details

Order File: S-24-3712-25-CO01

Laws & Rules: RCW 19.100.020, RCW 19.100.170

Penalties/Remedies:

  • Fine: $5,000
  • Admin Costs: $2,500

Findings

  • In 2020, the Respondent sold an unregistered and non-exempt franchise for a tea store to a Washington resident.
  • The Respondent failed to disclose material information related to the franchise offering, such as the 2017 sale of a California based franchise in violation of state franchise laws. 

Order file

View order file