{"id":556,"date":"2007-03-16T08:27:26","date_gmt":"2007-03-16T13:27:26","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/03\/16\/usana-sues-barry-minkow\/"},"modified":"2012-05-19T10:10:49","modified_gmt":"2012-05-19T15:10:49","slug":"usana-sues-barry-minkow","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/usana-sues-barry-minkow\/","title":{"rendered":"Usana Sues Barry Minkow"},"content":{"rendered":"<p><strong>UPDATE:<\/strong> <em>The judge in this case quickly threw out all of Usana&#8217;s claims against Barry Minkow, except one. That final cause of action was settled with Usana paying Barry Minkow $200,000. In exchange, Minkow agreed to remove from the internet all materials about Usana under his control.<\/em><\/p>\n<p>Usana Health Science, the multi-level marketing company <a href=\"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/03\/15\/investigation-of-usana-points-out-the-problems-with-mlm\/\">investigated by Barry Minkow and team<\/a> (that includes me!) has filed a defamation lawsuit against Barry in federal court. Naturally, the company is quick to point out that Minkow was a convicted felon who served time in prison for securities fraud. Barry has turned his life around, becoming a Christian pastor and assisting law enforcement in investigating and shutting down multiple investment scams. The FBI even has Barry train its employees on identifying and investigating white collar crime.<\/p>\n<p>Usana is claiming that Barry misrepresented details in his report in order to make a profit off a drop in stock prcie, since he holds put options for Usana stock. (Incidentally, the stock did fall 15% yesterday to $49.85.)<!--more--><\/p>\n<p>Also alleged by Usana is the distortion of laboratory evidence. Our report criticized the TenX bar, which was being marketed as having <span style=\"font-weight: bold;\">10 times that antioxidant power<\/span> of fruit juice. Lab tests show that it is really only about 2 times as powerful.<\/p>\n<p>The interesting part of this accusation is that the company&#8217;s website used to market TenX this way:<\/p>\n<p style=\"margin-left: 40px;\">With 10 times the antioxidant power of any juice products currently on the market, TENX ANTIOXIDANT BLAST is unlike anything ever seen before.<\/p>\n<p>Usana has now changed that statement to read as follows:<\/p>\n<p style=\"margin-left: 40px;\">Ounce per ounce, TenX Antioxidant Blast has 10 times the antioxidant power of most juice products currently on the market.<\/p>\n<p>Sounds to me like they know that the original statement was quite misleading and deceptive!<\/p>\n<p>Of course, the lawsuit fails to address any of the pyramid scheme issues. I wonder why they didn&#8217;t want to discuss why almost none of their distributors turn a profit?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UPDATE: The judge in this case quickly threw out all of Usana&#8217;s claims against Barry Minkow, except one. That final cause of action was settled with Usana paying Barry Minkow $200,000. In exchange, Minkow agreed to remove from the internet [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[827,184],"tags":[1611,830,837,1610,1608,1609],"class_list":["post-556","post","type-post","status-publish","format-standard","hentry","category-public-companies","category-pyramid-schemes-mlm","tag-antioxidant-blast","tag-barry-minkow","tag-slapp-suit","tag-tenx-bar","tag-usana-lawsuit","tag-ussana-health-sciences"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-8Y","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=556"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/556\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}