Judge says company “openly disclosed” its risk.
A federal judge has dismissed a lawsuit accusing Herbalife Ltd and its chief executive officer of misrepresenting the weight-loss and nutritional products maker’s sales practices as legitimate when the company was “at its core” a pyramid scheme.
Our opinion? This is a huge first step in moving the industry ahead and warning the short-sellers to stay away from direct sellers!
The next step is a favorable FTC ruling!
Read the news here.