Tag Archive for Lawsuit

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Eaconomy Securities Fraud Warnings From New Zealand, Norway And Canada – Quebec

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According to The Financial Markets Authority :
“Te Mana Tātai Hokohoko (FMA) regulates New Zealand’s financial markets. We were established in 2011 as an Independent Crown Entity.”
On their website the FMA in New Zealand stated:

“Our statutory duty is to promote and facilitate the development of fair, efficient, and transparent financial markets; and to promote the confident and informed participation of businesses, investors, and consumers in the financial markets.
We recommend caution when dealing with Eaconomy LLC/Eaconomy, or any individual or entity promoting its services or products. Eaconomy is the subject of multiple warnings from overseas regulators including”:

The Financial Supervisory Authority of Norway, which has warned about Eaconomy as a Pyramid scheme and an unauthorised business
Eaconomy LLC- Financial Supervisory Authority of Norway

“The Financial Supervisory Authority of Norway (Finanstilsynet) points out that Eaconomy LLC (Eaconomy) is not authorized to provide investment services in Norway and therefore does not have the necessary approval under Norwegian law. The company is consequently not subject to Finanstilsynet’s supervisory oversight, nor has Finastilsynet approved the services offered by the company.”

Eaconomy Limited – The Autorite des Marches Financiers of Quebec in Canada
The Autorite des Marches Financiers of Quebec in Canada, which has warned about Eaconomy as an unauthorised business:

“Eaconomy Limited

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Isagenix Elect Not To Renew An Associate Contract?

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Jay Bennett is / was a top earner and the “Golden Boy” in Isagenix and earned a total of more than $22 million dollars from Isagenix. He joined the company back in 2002.
This year Isagenix completed a recapitalisation transaction and a transition to new ownership, as the company was closed to bankruptcy.
As of May 2023, Bennett and his family own five income positions within Isagenix’s MLM opportunity. Jay Bennett has sued Isagenix over what he refers to as “The False MLM Promise”.
From an “independent” distributor point of view this is an interesting case. Can I company just throw you out?
Recently the termination policy for all Isagenix distributors was changed to:
“Isagenix may, at its reasonable discretion, elect not to renew your Associate Contract. Isagenix will notify you of its intent not to renew on or before the anniversary of your enrollment.”
Bennett and his family refused to agree with above policy and stated:
“Once an Associate works hard to achieve a high rank with the corresponding residual income, Isagenix will confiscate that income for its own pecuniary benefit.
Worse, since Isagenix cuts off the Associates income, the Associate is left without any funds to assert his or her rights, and this is what Isagenix

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SEC Charges Eleven Individuals In $300 Million Forsage Crypto Pyramid Scheme

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7 USA Promoters involved:

Mark F. Hamlin, of Henrico, Va. for receiving $565,828
Alisha R. Shepperd, of Dunedin, Fla. for receiving $549,075
Carlos L. Martinez, of Chicago, Ill. for receiving $462,925
Cheri Beth Bowen, of Pelahatchie, Miss. for receiving $303,000
Ronald R. Deering, of Coeur d’ Alene, Idaho for receiving $267,075
Sarah L. Theissen, of Hartford, Wis. for receiving $130,118
Samuel D. Ellis, of Louisville, Ky. for receiving $72,405

MLM Blacklist members Faith Sloan, Vitaly Dubinin and Ankur Agarwal  are not charged, all-though deep involved.
The SEC press release:
Washington D.C., Aug. 1, 2022 — The Securities and Exchange Commission today charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide, including in the United States.
Those charged include the four founders of Forsage, who were last known to be living in Russia, the Republic of Georgia, and Indonesia, as well as three U.S.-based promoters engaged by the founders to endorse Forsage on its website and social media platforms, and several members of the so-called Crypto Crusaders—the largest promotional group for the scheme that operated in the United States from at least five different states.

According to the SEC’s complaint, in January

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Trump Family Accused Of Fraudulent Scheme In ACN Class Action Lawsuit

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Four anonymous individuals filed a class action lawsuit in the Southern District of New York on Monday. The plaintiffs are accusing the president, Donald Jr, Eric, and Ivanka Trump of conning the victims into giving up hundreds of thousands of dollars. They say the losses were devastating and life-altering in 164-page filing.
 Trump ‘falsely represented that he genuinely supported ACN and failed to disclose that he was being paid lavishly for his endorsement,’ the suit states
The president even featured the company on Celebrity Apprentice twice.
Four anonymous individuals have filed a class action lawsuit accusing President Trump and his children Donald Jr, Eric, and Ivanka of ‘deliberately defrauding’ them by falsely representing a multilevel marketing firm, DailyMail.com can reveal.
In a 164-page complaint filed in a U.S. District Court in New York on Monday, the group claims the Trumps ‘made millions’ by endorsing the training programs of North Carolina company ACN Inc., which in turn, conned victims out of ‘hundreds or thousands of dollars.’
The plaintiffs allege that from 2005 to 2015, the president ‘falsely represented that he genuinely supported ACN and failed to disclose that he was being paid lavishly for his endorsement of the company.’
In addition, the suit claims Trump falsely stated that his

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Enagic Hit By Lawsuit

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Water-ionization system manufacturer Enagic is alleged to have engaged in an unlawful telemarketing campaign.
Valentina Higgins filed a complaint individually and on behalf of all others similarly situated on June 27 in the U.S. District Court for the Central District of California against Enagic USA and Does 1-10 alleging violation of the Telephone Consumers Protection Act.
According to the complaint, the plaintiff alleges that beginning in 2015, the defendant contacted her via text and phone call to solicit its products.
She alleges she has never had a business relationship with the defendant and never provided it her number.
She alleges the defendant contacted her 40 times in a 12-month period.
The plaintiffs hold Enagic USA and Does 1-10 responsible because the defendants allegedly engaged in an unlawful practice of using an autodialer to place calls to cellular phones and contacted consumers whose numbers were listed on the Do-Not-Call Registry.
The plaintiffs request a trial by jury and seek judgment against defendants, certify class action and an award of actual and statutory damages for each and every violation.
She is represented by John P. Kristensen, David L. Weisberg and Christina M. Le of Kristensen Weisberg LLP in Los Angeles.
About Enagic
For over four decades, Enagic International has been the

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Young Living Appeals Recent Court Ruling In doTERRA Lawsuit

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As the originator and ongoing leader of the modern-day essential oil movement, Young Living knows that innovation will always be followed by imitation. We know that success will always breed envy. We have never and will never hesitate to protect our members, our company, our quality, and our reputation.
Earlier this week, the court in the case against doTERRA ruled that Young Living is to pay a portion of legal fees to the defendants’ attorneys as part of a pretrial summary judgment ruling.
We deeply respect the judicial process but had hoped for a different outcome, as many key claims and pieces of evidence were not allowed to be presented at trial due to legal technicalities such as the statute of limitations ruling and other rulings made by the court.
In fact, this ruling did not address the merits of Young Living’s claims but focused on alleged reasons why Young Living waited to present one of its claims.
These technicalities resulted in Young Living never being able to tell the full story of doTERRA’s true formation. As alleged in the complaint, this included breaches of non-solicit and confidentiality agreements by members of the then-Young Living executive team and our CEO Mary Young’s personal assistant.
The defendants in

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Judge Orders Longaberger Parent Company JRJR Networks Into Court

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Representatives of the parent company of Longaberger have been ordered to appear in a Columbus courtroom to show how they will pay more than $2 million.
The order was issued by Franklin County Common Pleas Court Judge Mark Serrott last week and orders John P. Rochon, John Rochon Jr. or other representatives from JRJR Networks, the parent company of Longaberger, to appear on June 8.
The order was in response to a motion by Tami Longaberger‘s attorneys seeking information on payment of more than $2 million she was determined to be owed earlier this year. More than $1.2 million of the money owed is for Longaberger’s salary, as well as an additional $608,000 in deferred salary.
Longaberger had sued to be reimbursed for a loan she had given prior to her resignation from the company in 2015. JRJR Networks, previously known as CVSL, had purchased a majority ownership of Longaberger in 2013.
In early May, Longaberger’s attorney had filed a motion requesting JRJR representatives appear in court to determine how they will pay the money owed. Serrott granted the motion and set a hearing for June 8. At the hearing, a representative for JRJR will have to discuss the payments, revenues, assets, bank accounts or other

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Rodan + Fields Faces A Second Lawsuit Over Eyelash Enhancer

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CBS NEWS– Skincare products company Rodan + Fields is facing a second federal class action lawsuit alleging that the multi-level marketing company failed to disclose the harmful side effects of a key ingredient in its Lash Boost eye serum which it claims gives users “the appearance of lush, longer-looking lashes.”
As in an April 13 lawsuit, the new case singles out isopropyl cloprostenate, a type of medication called a prostaglandin analog that’s used to treat glaucoma and other eye diseases. It has been linked to dry eye, eye irritation, eye inflammation, eye redness, and macular edema, the latest lawsuit says, and had the lead plaintiff, Melissa Ryan of San Diego, known about the “documented health risks” of the chemical, she wouldn’t have purchased Lash Boost or would have paid less for it.
“R+F (Rodan + Fields) further claims that for ‘best results,’ use Lash Boost daily for 8 weeks, which would likely require a customer to buy at least two tubes of the costly (retail price of about $150) Lash Boost and further exposing the consumer to potential serious health effects,” according to the court filing.
Attorneys for Ryan and a spokesperson for Rodan + Fields couldn’t immediately be reached for comment. San Francisco-based

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Rodan + Fields Hit With A Class Action Lawsuit

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Skincare product company Rodan + Fields faces a federal class action lawsuit accusing it of violating state consumer protection laws and engaging in fraudulent and unfair marketing of its Lash Boost eye serum.
Rodan + Fields says its $150 Lash Boost gives users “the appearance of lush, longer-looking lashes.” But the suit claims the multilevel marketing company failed to disclose the side effects of a key ingredient in Lash Boost.
The ingredient in question is a chemical called isopropyl cloprostenate, which is a type of medication called a prostaglandin analog. This one is used to treat eye conditions such as glaucoma.
Rodan + Fields omitted information to Lash Boost buyers about the side effects of prostaglandin analogs that are well-known to eye doctors, according to the April 13 court filing in a U.S. District Court in Oakland, California.
“Consumers of Lash Boost … have experienced serious side effects, including change(s) in iris color, eyelid drooping, itchy eyes, eye/lid discoloration, thinning and loss of eyelashes/loss of eyelash hair, eye sensitivity, eye infections, and vision impairment,” the filing says.
Moreover, the suit notes that Allergan’s Latisse, the only Food and Drug Administration-approved medication for “lash enhancement” also contains a prostaglandin analog, but Allergan fully discloses the potential side

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Rodan + Fields Product Is Facing A Serious Lawsuit

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According to The Beauty Authority:
Just a few days ago, Rodan + Fields, the supercharged social media–fueled skin care empire founded by dermatologists Drs. Katie Rodan and Kathy Fields, was awarded the title of the number-one beauty brand in both the United States and North America by Euromonitor, a market research company.
With sales revenue reaching into the billions and women from coast to coast singing their praises about the skin-transforming effects of the multiprong kits (Facebook and Instagram before-and-afters further drive home the point that they really work), it was only a matter of time before the beloved brand received some slack from users. But this goes beyond normal Internet trolling that typically involves slamming the efficacy of the brand, as a potential class-action lawsuit is being brought to light. 
In 2016, Rodan + Fields (or R+F as its fans and multitier marketing sales reps refer to it as) launched one of its biggest hits to date, Lash Boost ($150). Containing keratin, biotin, panthenol, petides and a slew of other ingredients, the no-prescription-required lash product purportedly generated over $200 million in sales in just one year. 
While some users, like the four plaintiffs who brought forward the suit claiming they experienced reactions after using the product including “bumps on the eyes, flaky patches, burning, swelling, crusting and pain, among other things” and also

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