According to an article in Forbes, Herbalife Paid a $200 Million Fine and then the FTC screwed it up:
Three weeks ago, on Jan. 10, the Federal Trade Commission announced what sounded like great news for people who had lost money with Herbalife, the multi-level marketer of weight-loss shakes and nutritional supplements: Their checks were in the mail.
It was the final outcome in the FTC’s lengthy battle with Herbalife (hlf, +0.32%), which in July agreed to pay $200 million in a controversial settlement.
And it was supposed to be a great victory for the hedge fund manager Bill Ackman, who had poured $1 billion into a bet against Herbalife stock and long argued that Herbalife was scamming immigrants into loading up on weight-loss shakes they’d never be able to sell at a profit.
But
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How to save yourself a £100 fine for late filing
by Owen Gough • • 0 Comments
The Low Incomes Tax Reform Group (LITRG) urges taxpayers who miss the Self-Assessment filing deadline on Tuesday (31 January) but who have a reasonable excuse for the delay, to appeal against penalty for late filing. LITRG supports HMRC’s efforts to encourage people to file returns and pay tax due from them by the proper date. But
The post How to save yourself a £100 fine for late filing appeared first on Small Business.
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LiveSmart 360 Distributor Fined In Europe
by Ted Nuyten • • 0 Comments
A LiveSmart 360 Distributor in Belgium was fined $1,200 by the belgium food authority for selling unregistered products. The company hasn’t responded to the belgium distributor requesting corporate help.
If a Direct Selling Company sells a supplement / product in USA, it does not mean that product is automatically allowed in other markets….
Europe has strict laws and basically companies needs Product Compliance if opening european countries.
If there is NO product compliance this can cause a lot of problems for independent distributors and fines up to $10,000 per case.
As reported on March 7:
For example, in the EU LiveSmart 360 allows Distributors to join from across Europe, yet two years after initially expanding into the region only a few countries are completely registered and open.
In spite of this, the Company is touting yet more international