Category: Regulatory News

Herbalife - Reuters Article

Herbalife Wins Dismissal of ‘Pyramid Scheme’ Lawsuit

Jonathan Gilliam
July 29, 2015
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.
FDA Policies on Homeopathic Products - Washington Post Article

FDA to Revisit its Policies on Homeopathic Products

Jonathan Gilliam
April 20, 2015
The FDA says it wants input on whether it needs to do more to ensure that remedies are safe and effective. This article from The Washington Post examines the desire of the FDA to revisit its oversight on homeopathic products.
Herbalife - Fortune Article

FBI Looking into Possible Herbalife Stock Manipulation

Jonathan Gilliam
March 13, 2015
According to an article from Fortune, federal investigators are looking into whether people, including some hired by William Ackman, made false statements about the Herbalife’s business model to regulators.
FDA Warning Letters Sent to Essential Oil Direct Sellers

Direct Sellers Under Fire from FDA & Other Regulators

Jonathan Gilliam
September 26, 2014
On Monday, the FDA delivered official "warning letters" to senior executives at two major direct selling companies, citing online health claims by distributors of these organizations both based in Utah.
ZeekRewards.com Webpage

Did ZeekRewards.com Ever Even Have a Product?

Jonathan Gilliam
August 17, 2012
No doubt you've heard about what is turning into national news. The SEC says ZeekRewards.com is an online Ponzi scheme, and the news has cast a pall over the industry. You can read the SEC filing here.
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