Category: MLM Lawsuits

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TelexFree Receiver Stephen Darr Speaks Out

December 17, 2014

  In 35 years of handling bankruptcy cases, Stephen Darr has seen plenty of ugly. He has doled out funds to creditors of an asbestos company and a machine ...
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Sthen Darr, Telexfree Trustee
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Trévo Adds To List of New Car Qualifiers

December 10, 2014

  Trévo’s explosive growth as a young company has been well-documented over the last few years, and the Life and Health Coaches behind that growth are reaping the benefits ...
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Trevo Founding Members, CEO Mark Stevens, Holli & Alexandria Stevens
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Nu Skin Force For Good Foundation Funds $300,000 Building Of New School In The Philippines

December 5, 2014

  Nu Skin’s Force for Good Foundation donated nearly $300,000 via Singapore Red Cross to build a new school for young children in Albuera, Philippines, adversely impacted by Super ...
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Nu Skin, CFO, Rich Wood
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Zija International Wins 7 MarCom Awards

November 10, 2014

  Zija International recently received several prestigious 2014 MarCom Awards, which recognizes excellence in marketing communications, design, branding, product packaging, etc. Platinum is the highest award possible, followed by ...
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Zija, CEO, Rod Larsen
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Herbalife To Settle Class Action Lawsuit, Denies Any Liability

November 1, 2014

  On October 31, 2014, global nutrition company, Herbalife Ltd. (NYSE:HLF) entered into a settlement agreement that, if approved by the court, will resolve a class action lawsuit against ...
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Michael O. Johnson, Herbalife
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Paul Burks – ZeekRewards President Charged For Operating $850 Million Ponzi Scheme

October 25, 2014

  The president and founder of ZeekRewards, Paul Burks, has been indicted on federal charges for operating an Internet Ponzi scheme that took in more than $850 million dollars, ...
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Paul Burks, ZeekRewards, Founder, President
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Class Action Complaint Against ACN And XOOM Energy

October 14, 2014

  Oladipupo Adesina files this class action (Case 3:14-cv-00562-GCM) complaint in the USA - North Carolina on behalf of himself and all others similarly situated. The class action alleges ...
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Greg Provenzano, ACN, CEO
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Banners Broker’s Accounts Frozen

October 13, 2014

  Police in Canada have claimed the masterminds of the Banners Broker advertising website, which netted 12,000 investors there, were operating a pyramid scheme which evolved into a straight ...
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David Hooker,Banners Broker,CEO
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SEC Alleges Zhunrize To Be A Pyramid Scheme – Assets Frozen

September 24, 2014

  Zhunrize, launched in 2013 is a shopping and savings portal and offers affiliates a replicated storefront, which the company has branded “ZhunCity”. The shopping portal starts at $99 ...
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Jeff Pan, CEO, Zhunrize, Todd Spencer, Marc Brachman, Garry Regier, Richard Ramos
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Herbalife About To Settle Class-Action Lawsuit

September 15, 2014

  Herbalife is close to reaching a settlement with five former distributors who claim the controversial nutritional products company is running a pyramid scheme that has victimized thousands. Lawyers for ...
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Michael Johnson, CEO, HErbalife
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Lyoness Responds To Ponzi Allegations In Australia

August 30, 2014

  Lyoness Australia has issued the next statement: Lyoness rejects allegations raised by the ACCC, and will vigorously defend the proceedings commenced by the Commission on 28 August. Lyoness ...
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Lyoness, Hubert Freidl, CEO
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Australia Sues Lyoness With Pyramid Allegations

August 28, 2014

  The Australian Competition and Consumer Commission (ACCC) has instituted proceedings against Lyoness International AG, Lyoness Asia Limited, Lyoness UK Limited and Lyoness Australia Pty Limited (together ‘Lyoness’) for ...
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Lyoness, Hubert Freidl, CEO

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