Independent Operators Stand to Lose Investments in Amoco Stations; Want
Public to Know Why Company Wants Them Out
BOCA RATON, Fla., Aug. 28/PRNewswire/ --
Labor Day is not going to be a
very happy day for nine Amoco gas station operators facing eviction in South
Florida.
They see themselves as Davids trying to prevent a Goliath from kicking
them out of successful businesses in which they've invested most of their
retirement savings thinking they had a great deal, said TransMedia Group
Chairman Thomas J. Madden.
In lawsuits filed against Amoco, they charge the giant oil company used
fraud and deception to get them to invest in long-term leases, which turned
out to be surprisingly much shorter. To get their story out, the group has
retained TransMedia, a leading public relations firm.
"There could only be one reason why BP Amoco wants to take these
stations
away from us. It's because we invested our money, worked hard and made them
successful," said Moe Mirzadeh, a 23-year Amoco dealer who's fighting to
save
his station in West Palm Beach.
"When they were trying to get me to switch from a dealer to their new
commission program, they told me that as long as I did a good job and didn't
break any laws or Amoco's rules, Amoco would renew my Agreement every four
years, or I could sell my station for 'blue sky,'" said Mirzadeh. After
telling me what an outstanding operator I've been, I receive an eviction
notice and I can't sell my station. I'm not only disappointed, I'm heart
broken as I've invested most of my retirement savings."
"Like too many corporate deals these days, here's another one that
apparently went sour unexpectedly, said Madden. "Now these operators face
staggering personal losses if they lose their legal battle in U.S. District
Court in Fort Lauderdale against the giant oil company.
"Our mission will
be
to let the public know about the business practices of large corporations
like
BP Amoco as they were applied to little guys to get them to invest in new
types of marketing commission programs."
In his lawsuit, Mirzadeh charges the oil company tricked him into
believing he would have three consecutive four-year renewable leases, but
"they pulled the rug out from under me after only four years. I was
counting
on those eight more years for my retirement."
Contact: Michelle Rosen
(561) 750-9800, ext. 14
MRosen@transmediagroup.com
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