Lessons from the FTC’s Herbalife and Vemma cases
As part of the FTC’s historic $200 million settlement with Herbalife, about 350,000 Herbalife distributors should be watching their mail for a partial refund check. […]
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Vemma Agrees to Ban on Pyramid Scheme Practices to Settle FTC Charges
Under a settlement with the Federal Trade Commission, Arizona-based Vemma Nutrition Company will end the business practices that the FTC alleged created a pyramid scheme. […]
Vemma Reaches Settlement Agreement in FTC Pyramid Case
Vemma, its CEO Benson K. Boreyko and top distributors have reached a settlement with the FTC in the pyramid scheme case the agency filed more […]
Herbalife: Get Out Of Dodge
Summary Italy has an easier time stopping MLMs by focusing on conscripted consumption, and false product claims. In the US Anthony Powell fled Herbalife for […]
FTC vs Network Marketing Industry: Defense Fund Formed
Network Marketing Icon Richard Bliss Brooke has taken the initiative to launch a Defense Fund as the FTC (Federal Trade Commission) attack on Vemma is […]
Bill Ackman Comments on Herbalife Short
Our thesis on HLF remains unchanged. We believe that Herbalife will ultimately be subject to regulatory action or will collapse because of fundamental deterioration in […]
Did The FTC Just Shape The Future Of Multi-Level Marketing?
By: Seeking Alpha On November 12 the FTC approved Vemma’s New Compensation Plan. The plan states participants may not “qualify” with their own purchases therefore […]
Judge Rejects Vemma’s Proposed Compensation Plan over Inventory-Loading Concerns
A federal judge has denied Vemma Nutrition Co.’s motion to approve its revised compensation plan, under the terms of a preliminary injunction issued against the […]
Herbalife: What Matters
Now that the dust has settled from the Vemma ruling and we have discussed why a negative FTC ruling does not hurt Herbalife, let us […]
MLM Industry Put On Notice, With FTC Pulling Out Of A Skid In The Vemma Case
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Transcripts of Wednesday’s Vemma […]
FTC versus Vemma – win-lose-or draw?
The Judge lifted the temporary order of holding Vemma’s funds and business hostage and gave “Vemma” an opportunity to open for business, with terms. Was it a […]
Vemma Battling with FTC to Restart Operations
Arizona-based Vemma Nutrition Co. had its day in court Sept. 15, making its case and asking Judge John J. Tuchi to lift or modify the […]
Breaking News on FTC vs. Vemma as soon as it happens
Breaking News on FTC vs. Vemma as soon as it happens! Lots of people are waiting for the final answer on the FTC versus Vemma […]
Bill Ackman Details Similarities Between Herbalife and Vemma
Bill Ackman’s Pershing Square Capital Management, L.P. released a detailed analysis that demonstrates significant structural similarities between Herbalife (NYSE: HLF) and Vemma Nutrition Company, the […]
The FTC’s Prosecution Policy is Unfair and Deceptive to Multi Level Marketing Companies
Robert Fitzpatrick is a well known anti-mlmer. Here’s his stance: The recent action by the FTC to prosecute a leading multi-level marketing company, called “Vemma”, […]