Comments on: Herbalife denies allegations in Fraud Discovery Institute report

By: James

James — Thu, 03 Jan 2008 14:54:47 +0000

Sounds like the investigator has rock solid credentials. Anyone reading the bio should see that especially since it is verifiable. It is really too bad as Herbalife has good products, but you just have to hate MLM’s.
Take a look at the higher up distributor’s in Herbalife. Definitely a different crowd. I am surprised thay haven’t been hammered. She should look those organizations.

By: michael webster

michael webster — Sun, 11 Nov 2007 23:04:47 +0000

I think Herbalife was investigated by the Canadian Competition Bureau, but I don’t think that the charges of misleading advertising actually held up. It is odd, since the Competition Act has a pretty stiff test for MLM to pass regarding earnings claims, which is part of the regulation governing misleading advertising.

By: Tracy Coenen

Tracy Coenen — Tue, 06 Nov 2007 14:55:53 +0000

Deflect, deny. Deflect, deny. That’s the MLM handbook. I suspect, much like Usana, the SEC will start an “informal” investigation. It could take some time, as Usana’s investigation is taking. But I do believe the SEC takes these allegations very seriously.

By: Barbara

Barbara — Tue, 06 Nov 2007 14:45:00 +0000

Tracy,
Looks to me like they are going to pull a Usana. They have already begun to point out that Minkow is a convicted fellon (forgetting all the good he has done since his release). Is there a handbook out there for MLM companys being investigated telling them what steps to take along the way. With all this happening first with Usana now with Herbalife do you see anything really happening to get a formal investigation into the companys? When should this documentary be released?