Momentum Factor Clears $1.8M in Medical Debt for Austin’s Needy

COVID-19 pandemic creates a new sense of urgency for one firm determined to help the less fortunate clear their oppressive medical debt. May 5, 2020 / AUSTIN, Texas — Momentum Factor, an Austin-based technology firm, has purchased $1.8 million worth of … Continue Reading

FTC Sends Warning Letters to Multi-Level Marketers Regarding Health and Earnings Claims They or Their Participants are Making Related to Coronavirus

Ten letters target companies pitching business opportunities, supposed health benefits in response to pandemic The Federal Trade Commission today announced it has sent 10 letters warning multi-level marketing companies (MLMs) to remove and address claims that they or their participants are making … Continue Reading

Letter From the CEO: Compliance Never Rests.

Dear Momentum Factor Clients and Friends, In the past weeks we’ve all been flooded with emails and scary news, much of it causing angst and confusion. Yes, this is pretty awful. But we will get through it. We will be … Continue Reading

FTC Acts to Shut Down ‘Success by Health’; Assets Frozen

Complaint alleges empty promises of wealth lead to millions in losses for participants FROM THE FTC PRESS RELESE: A federal court granted the Federal Trade Commission’s request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and … Continue Reading

2020 Direct Selling Legal & Compliance Summit

It’s fall and you know what that means—it’s time to get the team ready for Salt Lake City in January! The 2020 Direct Selling Legal & Compliance Summit is coming fast! If you haven’t yet attended the Summit, ask someone … Continue Reading

Neora Sues FTC in Challenge to Its Authority

Dallas-based Neora has filed against the FTC in the Seventh Circuit today.  Neora is essentially asking for a broad declaratory judgment that would cabin the FTC’s authority to pursue MLM companies. Click here for the full complaint.  

LIVE WEBCAST: FTC vs. Advocare – Has the Game Just Changed? 10/9/19 2pm CT

Has the game just changed? In a case that is sure to reverberate across the direct selling industry, AdvoCare and its former CEO are required to pay $150 million in fines for allegedly operating a pyramid scheme. While the themes … Continue Reading

Article: FTC Under Pressure; Ability to “Ambush” Companies Comes Under Scrutiny

Courts may be signaling concern over the regulator’s authority to obtain injunctions and freeze assets in enforcement cases By Spencer Reese, founder and partner at Reese Poyfair Richards LLC The bottom line for direct sellers is that if the FTC … Continue Reading

Webcast: “Self-Regulation is Here. Is Your Company Prepared?” April 4, 12pm CT

A conversation about the new Direct Selling Self-Regulatory Council with Jonathan Gilliam and Peter Marinello.– For the first time in direct sales history, a truly independent self-regulatory body has been created to enforce social media and marketing rules among all … Continue Reading

The Crackdown on CBD Edibles Has Begun | Esquire.com

CBD, one of the buzziest wellness products of 2019, just hit a snag. New York City has forbidden the sale of CBD edibles in restaurants, bars, and other establishments that fall under the Department of Health’s purview, Eater reported Tuesday. … Continue Reading