Two Herbalife executives based out of China were indicted back in 2019. One of the executives, who fronted HerbaLife China for over a decade, was also sued for by the SEC. Both the criminal charges and civil case pertained to Herbalife’s violations of the Foreign Corrupt Practices Act. Yanliang Li (aka Jerry Li, right), was […]
Herbalife Chinese execs indicted, also sued by SEC Read More »
The FTC has issued at least 379 MLM companies with deceptive and/or unfair conduct notices. This was announced by the FTC on October 26th. If it slipped under your radar, you’re not alone. I learned of the FTC’s announcement via a tip sent in by a reader. At first I thought there was some funny
FTC sends 379 MLM companies deceptive/unfair conduct notices Read More »
Defendant discovery costs in the Circle Of Success class-action are expected to top one million dollars. To date individual defendants have collectively spent $128,980 responding to discovery requests. Discovery sought from Herbalife distributor defendants Mary Holloway, Ryan Baker, Alcides Mejia Jr., Carol Rosenau, Alan Rodriguez, Disney di Martinez, Gabriel Sandoval, Jillian Addy, Paulina Riveros, Danielle
Herbalife class-action discovery costs expected to be $1 mill+ Read More »
After failing to challenge the scientific validity of a damning paper on Herbalife’s products, the multi-billion dollar MLM company resorted to legal threats to get it unpublished. The research paper in question documented the finding of heavy metals in Herbalife products sold in India. Medical researchers published the study following the death of a patient
Herbalife makes legal threats, gets heavy metals paper pulled Read More »
The “Circle of Success” event class-action filed in Florida has been reopened. We’ve also got some updates on you on split proceedings taking place in California. The “Circle of Success” class-action was filed against Herbalife and several distributors back in September 2017. Through a proposed class-action, the Plaintiffs seek recovery from a corrupt organization of
Herbalife “Circle of Success” distributor case reopened Read More »
Ever wondered how US MLM companies do business in China? Boy have I got a story for you… It’s an open-secret that MLM companies in China operate as pyramid schemes. The government turns a blind eye, what regulatory framework exists is paid off and if anything were to happen it’s rare that information makes it
Herbalife cops $122 mill criminal fine over fraud in China Read More »
Authorities in the Philippines have seized over 11kg of weed, shipped from California in Herbalife meal replacement shake tins. Who says criminals don’t have a sense of humor? Customs became suspicious after noticing labels stuck onto the tins were ‘movable and not permanently attached‘. This revealed plastic sachets containing leaves suspected to be marijuana. Inspection
$260,575 worth of weed found in Herbalife meal shake tins Read More »
Following an investigation into Herbalife’s Chinese operations, the SEC has determined the company uses it’s global compensation plan across the country. As Herbalife reveals in its own SEC filings, ‘[i]n China, while direct selling is permitted, multi-level marketing is not.‘ While Herbalife using their MLM compensation plan in China would certainly be illegal, the SEC
Herbalife cops $20 million SEC fine for fraud in China Read More »
