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Herbalife says court ruling is a win for MLM.
June 4, 2014
By: TOM BRANNA
Editor
Herbalife, a multllevel marketer of nutrition and skin care products, has been embroiled in a battle with Bill Ackman who insists the company is a pyramid scheme in an effort to devalue the stock. However, a Herbalife took heart from yesterday's ruling by the Ninth Circuit Court of Appeals in its decision in FTC v. BurnLounge, Inc. The company issued the following statement: “Today's decision by the United States Court of Appeals for the Ninth Circuit in the FTC v. BurnLounge...
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