Stewart Parnell was convicted of knowingly shipping salmonella-tainted peanuts to customers.
Tag Archive for Legal
Hot Business News Today
Judgement Day For Vemma – Exclusive Reporting
by Tina Williams • • 0 Comments
A hearing was held in Phoenix, Arizona today as the FTC had its showdown with Vemma, a Tempe based nutrition company. The accusations against Vemma by the FTC were that it is an illegal pyramid scheme that rewards affiliates for recruiting participants rather than for selling products, that the defendants provide affiliates little guidance for selling products but instead teach them to give away products as samples when recruiting new participants.
In addition to allegedly running an illegal pyramid scheme, the defendants are charged with making false earnings claims, failing to disclose that Vemma’s structure ensures that most people who join will not earn substantial income, and furnishing affiliates with false and misleading materials to recruit others.
The hearing opened with Dr. Stacie Bosley: Dr. Stacie Bosley, who holds a BBA in Finance from the University
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Should U.S. Tech Companies Be Forced to Hand Over Data Held Overseas?
by Reuters • • 0 Comments
A New York Court of Appeals is set to hear a case brought by Microsoft in response to a search warrant for emails that are on a server in Ireland.
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Lawsuit Claims SoulCycle 'Robs Customers' With Its Class-Purchasing Policy
by Mallory Schlossberg • • 0 Comments
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Zeek Rewards Leaders Outside The USA Will Face Legal Proceedings
by Ted Nuyten • • 0 Comments
How the Zeek Rewards Receivership intends to go after Zeek investors who are outside of the USA, has made clear in his status report for the second quarter of 2014.
Receiver Kenneth Bell:
Counsel for the Receiver prepared a request for proposal, which it distributed to a select number of law firms in countries where the largest ZeekRewards net winners reside.
The Receiver Team has been in discussions with multiple overseas law firms regarding the logistics, strategy, and costs involved with pursuit of net winners residing in these firms’ various countries.
Claims against foreign net winners will likely be grouped by the country in which these individuals reside, with some actions being initiated here in the Western District of North Carolina and other actions being filed in the foreign net winners’ home countries.
The Receiver is evaluating the most efficient means of pursuing these individuals that will generate the greatest possible return for the Receivership Estate.