Category: Regulatory News

Herbalife shares jump after company hires former FTC commissioner who promises increased policing and enforcement according to this article from The Los Angeles Times.

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.

Herbalife receives a Civil Investigative Demand from the US Federal Trade Commission.

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.