Commentary on fraud, scams, scandals, and court cases.
 

Tag: douglas brooks

Consumer Protection, Public Companies, Pyramid Schemes & MLM

Anne Coughlan is Wrong on Herbalife

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At yesterday’s big Herbalife investor day, the company paraded around Anne T. Coughlan, a marketing professor at Northwestern University, who proudly proclaimed that Herbalife is not a pyramid scheme. No, it is a legitimate multi-level marketing company. In July, Coughlan published this paper on Herbalife, concluding that Herbalife is squeaky …