January 10, 2018 Last week, the Federal Trade Commission (the “FTC” or “Commission”) released legal multi-level marketing (“MLM”) guidance for direct sellers, providing important practice insights for those that follow the space. What are the key takeaways for MLMs?
FTC Issues Guidance on Legal Multi-Level Marketing Read More »
August 28, 2015 This week, the Federal Trade Commission (“FTC”) obtained a preliminary injunction in the U.S. District Court for the District of Arizona, ceasing the operations of certain businesses and individuals, including multi-level marketer Vemma Nutrition Company (“Vemma”), which the FTC has accused of running an illegal pyramid scheme. How did Vemma’s operations draw
FTC Shuts Down Multi-Level Marketer for Alleged Pyramid Scheme Operation Read More »
March 24, 2015 Earlier this month, the cosmetics multi-level marketer Mary Kay Inc. (“Mary Kay”) sued Internet coupon company RetailMeNot, Inc. (“RetailMeNot”) in a federal court in Dallas for alleged trademark violations. Specifically, Mary Kay’s trademark lawsuit takes issue with the Mary Kay coupon codes that RetailMeNot purportedly provides to online consumers. Should the RetailMeNot
Mary Kay Files Trademark Lawsuit Against Internet Coupon Giant RetailMeNot Read More »
March 23, 2015 Last week, Judge Dale S. Fischer dismissed a federal class action lawsuit against Herbalife, Ltd. (“Herbalife”) and three of its corporate officers, who were accused by Herbalife shareholders of operating the company as an illegal pyramid scheme. The lawsuit alleged that Herbalife artificially inflated its stock price by misrepresenting that the company
Herbalife Class Action Lawsuit, Pyramid Scheme Allegations Dismissed Read More »
Yesterday, Fortune Hi-Tec Marketing, Inc. (FHTM) and its principals (which were individually named in the complaint), settled a suit brought by the Federal Trade Commission (FTC) alleging that the company had engaged in an international pyramid scheme for the last four (4) years. The FTC’s complaint alleged that FHTM falsely represented to consumers that they
Multi-Level Marketing Firm Settles Pyramid Scheme Allegations with the FTC Read More »
In April, 2013, we distinguished the difference between multilevel marketing (“MLM”) and a pyramid scheme. (See Multi-Level Marketing Programs Vs. Pyramid Schemes). Two days ago, United States Senator Edward J. Markey of Massachusetts sent separate letters to the Federal Trade Commission (“FTC”) and the United States Securities and Exchange Commission (“SEC”) urging them to investigate
United States Senator Seeks Investigation into Alleged Pyramid Scheme Read More »
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