Court clears Sheridan on $500,000 embezzlement claim

It took two years, but a court cleared Kansas City businessman Jim Sheridan of all claims that he embezzled over $500,000 from an advertising fund set aside for franchisees of Sheridan's Frozen Custard. The suit was brought forward by franchisee Ron Hendrix, who operates three Sheridan's Frozen Custard locations. He alleged that Sheridan embezzled more than $500,000 from an advertising fund and received improper rebates from suppliers to the franchisees. The claims were all dismissed through a summary…