Monthly Archives: December 2014

Hot Business News Today

Medifast Board Of Directors Under Investigation

by  •  • 0 Comments

 
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Medifast, Inc. (“Medifast” or the “Company”) (MED) concerning the improper compensation of the Company’s executives.
Medifast’s key executive compensation increased drastically from approximately $2.12 million in 2012 to approximately $12.11 million in 2013. This is an especially significant increase given the fact that key executive compensation was under $2 million for each year from 2009 to 2011. While the key executive compensation has increased dramatically, there has not been any significant increase in the Company’s stock price.
If you are a Medifast stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. 

Read more...

Hot Business News Today

Bo Short, Industry Icon and Top-Ranked Leader, Joins Jeunesse

by  •  • 0 Comments

 
Jeunesse is honored to announce the addition of Bo Short to its global field leadership. As the company experiences continued exponential growth, Bo will use his decades of expertise in MLM to continue to stimulate significant growth around the world, while also designing a groundbreaking personal development initiative aimed at strengthening field leadership in the United States, while working closely with leading directors to further enhance Jeunesse culture.

“Very seldom in the network marketing industry does a company come along with this type of sustained growth, backed by category-creating products and a world-class compensation plan,” explains Bo. “ Jeunesse is such a company. It is a builder’s dream to mentor a team in that (type of) environment. I know the success that awaits distributors that come here and I am honored to be a part of that process.”

As a legendary figure in the network marketing industry, Bo has spent the past 25 years building successful MLM teams in 25 different countries. He most recently served as the President of Global Sales & Field Development for a large, publicly traded network-marketing company.
Ranked #31 in Business for Home’s “Top 250 Lifetime Earners,” Bo was later singled out as “1 of 52 of the Brightest Minds in

Read more...