Usana Insider Gil Fuller Makes Over $1.2 Million on Recent Stock Sales

With the recent settlement of the lawsuit Usana Health Sciences (NASDAQ:USNA) filed against Barry Minkow and Fraud Discovery Institute, the company’s stock price got a nice little boost. And just in time for retiring CFO Gil Fuller to cash in some of his stock options for a tidy little profit …

Pressing Questions for MLM Supporter Len Clements

Today I got an email from Len Clements, the multi-level marketing evangelist and career college graduate who has been a vocal supporter of Usana Health Sciences (NASDAQ:USNA). Len Clements published five disjointed “rebuttals” to the various reports, videos, and press releases put out by Barry Minkow and Fraud Discovery Institute …

Lying in Business is Not Compartmentalized (Herbalife, NYSE:HLF)

White collar criminal Barry Minkow has been investigating multi-level marketing schemes such as Usana Health Sciences, Herbalife Ltd., and PrePaid Legal. One of the most recent revelations by Minkow and his Fraud Discovery Institute was that the president of Herbalife, Gregory Probert, did not have the MBA he and the …

Usana Health Sciences Loses Big in Court

Consequently, the evidence now indicates only that Defendants engaged in the lawful trading of securities. Because USANA did not meet its burden, the court strikes the second claim for relief under California’s anti-SLAPP statute. A ruling yesterday in the Usana Health Sciences (NASDAQ:USNA) v. Barry Minkow & Fraud Discovery Institute …

Government Officials in China investigating Usana

FDI: China Government Issues Official Interrogation Notice on Usana Health Sciences Inc. Associate for Alleged Multi Level Marketing Activities in Nanning, the Capital City of the Guangxi Province in Mainland China FDI also releases several new Web sites that demonstrate that Usana Health Sciences Inc. (NASDAQ: USNA) is recruiting Chinese …

Herbalife Denies Allegations in Fraud Discovery Institute Report

Multi-level marketing company Herbalife has denied the allegations made in Barry Minkow’s report about their fraud in China with this press release: We have confidence in our direct-selling business model, our integrity and transparency as a NYSE-listed company and the fundamentals of our business. With regard to our business in …