Following months of financial uncertainty, Isagenix has been sold to a group of undisclosed investors. Isagenix’s financial troubles have been brewing in the background for a while. This is from a September 2022 Moody’s report; Moody’s believes a deterioration in member base and weakening consumer demand is contributing to revenue declines, which combined with inflationary […]
Isagenix majority sold off to undisclosed investors Read More »
A former IsaBody Challenge winner is suing Isagenix, alleging the company’s products are unsafe. Chera Harris, a resident of British Colombia in Canada, is suing Isagenix for allegedly selling her unsafe products. Harris was a high-profile Isagenix distributor, winning the company’s IsaBody Challenge in 2019. Quoting court documents, Castanet reports; Isagenix says Harris enrolled 75
Isagenix sued for unsafe levels of vitamins in products Read More »
The proposed class-action lawsuit over Isagenix’s Employee Stock Ownership Plan has been voluntarily dismissed. After the original lawsuit was filed in July, nothing much happened on the docket until last month. On September 17th a Notice of Voluntary Dismissal was filed, informing the court that the above-captioned action is voluntarily dismissed without prejudice against Defendant
Isagenix employee stock lawsuit voluntarily dismissed Read More »
A proposed class-action is suing the Trustee of the Isagenix Employee Stock Ownership Plan. The Plan is made up of current and former Isagenix employees. The exact number of Plan participants isn’t provided but was estimated to be just over 550 back in December 2019. Plaintiff Shana Robertson is seeking to represent Plan participants in
Isagenix Employee Stock Ownership Plan lawsuit filed Read More »
Two procedural updates in the Isagenix Amazon retail racket case, filed just over a year ago. The first update pertains to individual arbitration being granted to individual defendant Jay Bennett. The second update is Isagenix and the individual defendants failing to get the lawsuit dismissed. As per a March 15th order, arbitration will be used
Jay Bennett granted arbitration in Isagenix retail racket case Read More »
Various varieties of Isagenix’s Isalean bars and shakes have been recalled in Canada. The recall follows a series of “reported illnesses”, linked to the consumption of the affected products. As per an alert put out by the Canadian government, the following Isagenix products ‘may be unsafe due to over-fortification of vitamins’: Isalean Bar – Chocolate
Isagenix products cause illnesses in Canada, mass recalls Read More »
The FTC has issued a second COVID-19 warning to major players in the MLM industry. This time around the regulator is citing examples of marketing fraud from Youngevity, Melaleuca, Isagenix, Juice Plus+, Plexus Worldwide and Vivri. Specific examples of COVID-19 marketing fraud cited by the FTC include: Juice Plus A video promoting The Juice Plus
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Isagenix has voluntarily withdrawn its US lawsuit against Modere. The company states it will now commence proceedings in Australia. In an internal message sent out to high-ranking Isagenix distributors, the company wrote; it appears our legal measures in the United States have been heard loudly, clearly, and, most importantly, have been effective for the time
Isagenix drops Modere US lawsuit, targets Australia Read More »
Fallout from Isagenix’s Amazon racket might have seen it cut ties with former top earner Jay Bennett. Each month Isagenix publishes a list of top earners. The documents are a month or so behind, with March being the latest lists. For February 2020, Jay and his wife Siv ranked ninth across Isagenix’s “top 10 platinum
Jay Bennett removed from Isagenix top earner lists? Read More »
A week or so ago Isagenix co-founder Jim Coover stated: Isagenix has never actively promoted products on Amazon or encouraged others to do the same. Now Isagenix’s Chief Legal Officer has confirmed a corporate-level Amazon sales strategy. On or around March 24th Justin Powell shared an update with concerned 8 Star Platinum and higher ranked
Isagenix attorney confirms corporate Amazon sales strategy Read More »
