BisJournals.com reports:
A federal judge has once again dismissed a lawsuit accusing nutritional products maker Herbalife Ltd. of misrepresenting its business structure and sales practices as legitimate when it amounted to a pyramid scheme, a charge the the company has denied.
U.S. District Judge Dale Fischer in Los Angeles on Tuesday said the plaintiffs, led by the Oklahoma Firefighters Pension and Retirement System, did not show that Herbalife(NYSE: HLF) or its chief executive, Michael Johnson, defrauded shareholders, according to Reuters.
Fischer in March had dismissed an earlier version of the lawsuit.
Shareholders had filed suit claiming they lost money after billionaire hedge fund manager William Ackman accused Herbalife of operating a pyramid scheme. In December 2012, Ackman said his firm, Pershing Square Capital Management LP, had made a $1 billion bet that Herbalife’s stock price would fall.
Fischer in his dismissal of the lawsuit in March said Ackman’s
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The MLM Attorney: The Economics Of A MLM Law Suit
by Ted Nuyten • • 0 Comments
Kevin Thompson, the MLM attorney, has published an interesting article about Ligitation. Ligitation is a term for a law suit, action, or cause instituted or depending between two private persons in the courts of (USA) law.
Kevin Thompson:
The Economics of MLM Litigation
Thompson Burton’s MLM law practice often fields questions from companies looking to sue distributors for various reasons. We also take calls from distributors that are being sued by their former network marketing company. We’ve seen the same issues litigated, over and over, from both sides, across the country. The surface reasons for these suits are usually the same: cross-recruiting.
Distributor Sam wants to sue Company XYZ because Sam was terminated after joining a new network-marketing venture. Or Company XYZ sues Distributor Sam for recruiting XYZ distributors for disparaging the company and
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Avon Turns A Profit For First Time In Years
by Tina Williams • • 0 Comments
The Wall Street Journal reports: Avon Products Inc. may be seeing some light at the end of the tunnel.
The door-to-door seller of beauty products reported another quarter of sales declines, but its beleaguered U.S. business showed a profit for the first time in years, putting Avon on track to reach one of Chief Executive Sheri McCoy’s goals in her attempted turnaround of the company.
New York-based Avon on Thursday said second-quarter revenue fell 17% to $1.82 billion, dragged down by many foreign currencies weakening against the U.S. dollar. Excluding currency effects, sales were flat overall, with declines in Brazil, the U.S. and elsewhere erasing gains from Russia and the Philippines.
Avon sells a wide range of cosmetics, perfumes and accessories through a network of roughly 6 million representatives world-wide. The number of representatives actively selling products slipped 2% in
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Zija International To Hold Science Tour
by Nicole Dunkley • • 0 Comments
Zija International is holding a four-stop tour where they will provide attendees with an in-depth look at the exciting science behind the company’s three product divisions: Zija’s Core Nutritionals, Améo Essential Oils, and Ripstix Fitness Supplements.
Zija’s Vice President of Research and Development, Dr. Joshua Plant, and recently-announced Zija Product Advisory Council members will be in attendance. The Zija Science Tour is designed to help individuals experience an educational night out to fully grasp the research and discoveries that have helped structure Zija’s most popular products on the market today.
Zija International began with its popular line of Moringa oleifera-based products. The division, now called Core Nutritionals, continues to thrive due to the incredibly nutrient-rich products derived from Moringa. Last year the company expanded into two new divisions: Ripstix Fitness Supplements and Améo
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Mannatech Launches Two New Senior Leadership Levels
by Nicole Dunkley • • 0 Comments
Mannatech the founder of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, and pioneer of nutritional glycobiology-based supplements and skincare, recently announce new leadership levels – Senior Executive Director and Senior National Director.
The launch of these new leadership levels also coincides with an Achiever cash promotion, where qualified Mannatech Associates will have the opportunity to earn extra cash to put in their wallet for reaching these new levels during BP9-BP11, 2015. These new leadership levels and the cash promotion are for the North American Market only.
Achiever Cash Promotion
The Leadership level that will be used for the purposes of this promotion is the Associate’s Leadership level attained in Business Period (BP 7), 2015. The Associate must maintain or exceed this baseline Leadership level to be eligible for this promotion.
Qualified Mannatech Associates who
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ForeverGreen’s Ketopia Hits Over $1 Million In Sales In First Twelve Days
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, recently announced the company has sold over $1 million worth of Ketopia orders during the first twelve days since the product’s introduction on July 10th.
Ketopia is anticipated to be a leading product for the company with sales approaching that of Powerstrips™ fairly quickly. The company plans on an aggressive marketing tour to let people know of the benefits of these products beginning August 1st.
Many leading scientists, medical professionals, and nutrition experts agree the ketosis lifestyle is the pinnacle of health and wellbeing. Ketosis is a natural metabolic state where the body burns fat for energy rather than carbohydrates. The majority of people today have sugar-burning bodies instead of fat-burning bodies. Because of having more balanced blood sugar
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Thirty-One Gifts Continues Rapid Growth – Fills Nationwide Arena
by Tina Williams • • 0 Comments
More than 10,000 women will turn Downtown pink this weekend as Columbus-based direct-sales powerhouse Thirty-One Gifts holds its annual sales conference at Nationwide Arena.
It’s a big deal for Columbus. City officials estimate that the convention visitors will spend $6.3 million by the time the conference ends on Monday. It’s so big that Mayor Michael B. Coleman has renamed Nationwide Boulevard Thirty-One Way, the street now sporting a new, bright pink sign.
But it’s also a big deal for the company, said Cindy Monroe, founder, president and CEO, during a break from rehearsals for the huge opening show that will kick off the convention on Sunday.
“We’re super proud of how the city has embraced the conference,” Monroe said. “The last couple of years, there’s been more and more awareness that Thirty-One is in town. Our
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Brig And Lita Hart Join Forces With EvolvHealth
by Ted Nuyten • • 0 Comments
Brig and Lita Hart, icons of the network marketing industry and founders of the Healthy Home Company, are announcing the unification of their Healthy Home mission with the HOPE Movement of EvolvHealth.
In what has been a long-term relationship between the companies for over two years, the founders of both companies have agreed to join their missions of purpose together to change the course of the network marketing industry.
“This decision represents an unparalleled opportunity in the industry for all those who are seeking HOPE – physically, financially, emotionally and spiritually,” said Brig Hart, the entrepreneur responsible for the atmospheric revenue growth in his last business, and responsible for driving over $8 billion of revenue, and recruiting over 3 million people, through multiple network marketing companies over his career.
“My success has been
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Direct Selling Momentum Ranks August 2015
by Ted Nuyten • • 0 Comments
What is Momentum?
Momentum is the magic of Direct Selling – MLM – Network Marketing. The “Holy Grail”.
You need a lot of “Momentum” in your Direct Selling career. Momentum is hard to build, and easy to lose….
If your company is not in our database, please fill in this form Add A Company.
Professionals are looking for momentum to join a new opportunity when they are in the market for a career switch.
Corporate executives or field leaders can create momentum. It represents that important element which transforms individuals, groups, and teams into that unstoppable force. Distributor groups are growing fast and are very successfull. It can happen when:
A new company or product(s) launches.
Successfull corporate executive or field leaders are coming in.
New countries are opening.
(International) conventions are held.
We have compiled this momentum list based on a number
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Polish plan to honor Portuguese-run supermarket sparks anger
by Successful IBO • • 0 Comments
Poland’s government has postponed plans to bestow a top honor on the Portuguese businessman who runs popular supermarket chain Biedronka after a public outcry over the company’s alleged exploitation of workers.