Category: MLM Lawsuits
TelexFREE – Top 30 Affiliates Commissions Frozen
April 14, 2014
According to the court fillings TelexFREE has publish a list of the Top 30 largest unsecured claims. TelexFREE is a private company headquartered in Marlborough, Mass., with offices ...
TelexFREE Files For Bankruptcy
April 14, 2014
TelexFREE Files Voluntary Chapter 11 Petitions To Facilitate Financial And Operational Restructuring. The commissions of 30 Top earners are frozen. TelexFREE LLC today announced that it and certain ...
Brad Alkazin – Vemma Hits $2.6 Million In A Year
April 7, 2014
Brad Alkazin, from the USA just turned 28 and last year alone he earned $2.6 million dollars in Network Marketing. In November 2012 Brad hit the $100,000 per ...
Judge Approves ZeekRewards Claims Procedures, Denies Objection
April 4, 2014
A North Carolina federal judge issued an order approving the claims procedures proposed by the court-appointed receiver to, among other things, begin making distributions to victims of the ...
Blyth – ViSalus Announces Dismissal Of Shareholder Class Action Lawsuit
April 2, 2014
Blyth, Inc. (NYSE: BTH), a direct to consumer company and leading designer and marketer of candles and accessories for the home, as well as health & wellness products ...
Amway Says 2014 China Sales May Grow 8 Percent
March 31, 2014
Sales at Amway Inc, the multi-level marketing company that earned about 40 percent of its total revenue in China last year, are likely to be unaffected by a recent investigation of Nu Skin ...
.jpg)
SEC Closes Down WCM777 – $65 Million Pyramid
March 29, 2014
SEC Halts Pyramid Scheme Targeting Asian and Latino Communities. The Securities and Exchange Commission today announced charges and asset freezes against the operators of a worldwide pyramid scheme ...
TelexFree Responds To False Allegations
March 29, 2014
TelexFree today attempted to clarify what it believes to be a case of mistaken identity arising from an action by the Rwanda Ministry of Trade and Industry. TelexFree ...
TelexFree Accused Of Tax Fraud And Promoting Money Laundering
March 20, 2014
Telex Free Rwanda Company channeled over $11.3 million to Germany and the US without taxes, according to a new report on the operations of the company. The report ...
Rwanda Banned TelexFree, Uganda May Follow
March 19, 2014
Kigali — RWANDA has banned PLI Telexfree Rwanda Ltd, a multi-level internet marketing service company, after investigations linked it to alleged money laundering in the country. A Brazilian ...
The USA Federal Trade Commission Served Herbalife With A Civil Investigative Demand
March 12, 2014
The Federal Trade Commission has opened a probe into Herbalife. The stock, which had been halted, is now trading down 14%. Before the news came out, it was ...
Vemma Responses To Italian Anti-Trust Ruling
March 12, 2014
On 10 March 2014, the Italian Antitrust Authority published the decision no. 24784 alleging Vemma's use of unfair commercial practice in Italy from year 2011. This decision arrives ...
