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
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.
Federal Trade Commission Chairwoman Edith Ramirez said Friday in an interview that she will soon step down as head of the country’s most powerful consumer watchdog, after serving more than three years in the role and another three years before … Continue Reading
| Opinion | Regulators should assume a cooperative, rather than adversarial, stance with direct sellers. Every time a direct seller has an issue with the Federal Trade Commission, critics of the industry are quick to jump on it, hailing it … Continue Reading
Herbalife shares jump after company hires former FTC commissioner; Promises increased policing and enforcement Herbalife Ltd. has hired a former FTC commissioner to oversee the conduct of its independent sales team. Pamela Jones Harbour will monitor training and mentoring programs … Continue Reading