As per the FTC’s Neora case docket, a three-week bench trial has been scheduled for October eleventh, 2022.
No that’s not a typo, the trial is 2 years away.
The FTC alleges Neora is a pyramid scheme and sued the corporate final November.
In an try and get forward of the FTC’s criticism, Neora rushed to file it’s personal preemptive retaliatory lawsuit.
Neora’s lawsuit was discovered to have been filed in dangerous religion and dismissed final month.
I actually can’t see this going to trial except Neora believes they’ve a shot at legalizing pyramid schemes within the US.
Two years is loads of time to give you a settlement, so I suppose we’ll have to attend and see how the case pans out.
I’ll be checking the case docket month-to-month from right here on out. Any minor updates shall be added beneath. Main updates shall be pushed out as new articles.