These matters arise out of franchise agreements executed between August, 1969 and May, 1973 which contained arbitration clauses providing for arbitration in New York City. The fraud alleged by respondent franchisees consists of misrepresentations made prior to the execution of the agreement to induce respondents to enter into said agreement, and their continued reliance on those alleged misrepresentations. Respondents and other franchisees met with representatives of appellants...
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