<h1>Legal risks for promotional press release offering referral-based business consultations: advertising claims, licensing, confidentiality, fee disclosure, liability</h1> A business strategist has issued a promotional press release announcing Phase 2 of a U.S. tour offering appointment-only, referral-based consultations through a 'business decision validation' hub, listing services (start/exit, M&A, investing, scaling, career transitions) and claiming prior participant success. The release functions as marketing and includes a publisher disclaimer disavowing editorial responsibility. Legal considerations include advertising and consumer-protection rules around outcome claims and testimonials, licensing or registration requirements for investment or M&A advisory services across jurisdictions, confidentiality and fee-disclosure obligations, and potential liability from reliance on purported results.