Basic Reset is a USA direct seller of health products and those are being marketed and sold on the premise that they can “treat, cure or prevent” disease. This is what the FTC in the USA say about health claims:
“Companies must support their advertising claims with solid proof. This is especially true for businesses that market food, over-the-counter drugs, dietary supplements, contact lenses, and other health-related products.”
Basic Reset health / medical claims will trigger regulators to come in sooner or later:
A testimonial from the Basic Reset website:
(Lupus, sjogrems syndrome, fibromyalgia, brain fog, rheumatoid arthritis, bone injuries, coronary and pulmonary problems, asthma, allergies, MS, bladder enigmas, kidney and gall stones, memory loss, vertigo, digestive problems, and blood disorders)
“I felt I was waiting to die, but praying for God to help me. I
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Ackman Going After Herbalife… Again
by Tina Williams • • 0 Comments
Herbalife Ltd. (NYSE:HLF) is back in the spotlight yet again, thanks to Bill Ackman’s firm, Pershing Square Capital Management. This month marks two years since the activist investor publicly announced his short of the nutritional supplements company.
Now his firm accuses Herbalife distributors of “routinely making false, dangerous and illegal medical claims to potential customers.
Pershing Square issued a press release making these new allegations this morning. The firm also posted a video about it on its anti-Herbalife website. The video allegedly shows some distributors of Herbalife’s products violating regulations set forth by the Food and Drug Administration and also an injunction issued in California in 1986. That injunction demanded that Herbalife and its distributors stop making the illegal medical claims immediately.
The firm’s representatives reviewed publicly available video that shows Herbalife Ltd. (NYSE:HLF) executives making medical claims about the company’s products as well for more than 30 years. Pershing Square said the multi-level marketing company can’t deny knowing about this practice because high level executives like CEO Michael Johnson also made allegedly misleading statements.
Distributors name several medical benefits
In the video compiled by Pershing Square, distributors name a number of medical issues that Herbalife Ltd. (NYSE:HLF) products can supposedly help with and in some cases possibly