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News
Mannatech Settles Texas Lawsuit, Agrees to $5 Million in Restitution and Fines
The Texas Attorney General has announced a settlement agreement Mannatech Inc. and its former CEO, Samuel L. Caster calling for Mannatech to pay $4 million in restitution to Texas customers. Caster, the company's founder and largest shareholder, will pay a $1 million civil penalty and is prevented from serving as an officer, director, or employee of Mannatech for the next five years.
Nature's Sunshine Files Form 10 Seeking Re-Registration of Outstanding Shares
Herbs and vitamins manufacturer Nature's Sunshine Products, Inc., has filed with the U.S. Securities & Exchange Commission ("SEC") a Form 10 registration statement covering all classes of the Company's stock on February 12, 2009.
Articles
MLM Startup Series
The first installment of our new a guide specifically directed to startup and young direct selling companies that utilize multilevel compensation plans. Topics will range from frequently encountered situations with industry-wide application to unique situations applicable to specific product or service genres.
The Sequel - Dietary Supplement Marketing - Rethinking the Use of Third Party Material
More on the use of the use and misuse of the Third Party Labeling Excemption in dietary supplements marketing, including coverage of the impact of the FDA's Xango Warning Letter.
Dietary Supplement Marketing - Rethinking the Use of Third Party Material
A dangerous trend has taken root in the world of dietary supplement advertising. More and more companies are using third parties ostensibly unconnected with the company to author and publish materials extolling the benefits of the generic ingredients in their products. The problem is that these materials may not pass regulatory muster, and sooner or later will come under FTC scrutiny. Here's what you need to know now to avoid problems in the future.
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