Category: Regulatory News

New Wave of Class-Action Pyramid Cases Swamps Direct Selling Industry

New Wave of Class-Action Pyramid Cases Swamps Direct Selling Industry

Jonathan Gilliam
July 3, 2017
The fact that legal challenges can have devastating consequences for direct selling firms does not come as news to veterans of the industry. Fortunately, our experts interpret recent legal challenges as reminders of the necessity of rigorous, up-to-date compliance and practices and policies, not as omens of a regulatory sea change. Class action litigation will force companies to continue to examine their business practices to ensure that they are in compliance with current FTC directives.
FTC Chair Edith Ramirez Steps Down - The Washington Post Article

FTC Chair Edith Ramirez Announces Resignation

Jonathan Gilliam
January 24, 2017
Federal Trade Commission Chairwoman Edith Ramirez said in an interview with The Washington Post 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 that as a commissioner.
Guest Post from Larry Steinberg - The Vemma Settlement

Guest Post – Vemma Lives to Play Another Day

Jonathan Gilliam
December 20, 2016
The sixteen-month long lawsuit between the Federal Trade Commission and Vemma Nutrition Company has come to a negotiated resolution under terms which will allow Vemma to continue operating its business under restrictions similar to those contained in a federal court preliminary injunction entered against the company last September
FTC Herbalife Settlement

Herbalife FTC Settlement Reached

Jonathan Gilliam
July 15, 2016
Global nutrition company Herbalife Ltd. announced it has reached a settlement agreement with the Federal Trade Commission (FTC) resolving the FTC’s multi-year investigation of the company.
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