The Federal Trade Commission continued its recent flurry of activity against network marketing companies with the public announcement of a lawsuit against company Success by Health. This marks the third action against an MLM in the last four months (the Advocare settlement in October of ’19 and the ongoing Nerium/Neora lawsuit filed in November of […]
This post is Part 1 of a two-part series on Nerium’s push-back against the FTC’s pervasive (and shifting) authority over how it defines pyramid schemes. In an unprecedented move the likes of which has never before been seen in the history of the network marketing industry, the FTC and Nerium filed competing lawsuits against one […]
Confirming longstanding suspicions held by many since the company publicly announced back in May of 2019 plans to disband its network marketing distribution model, the Federal Trade Commission formally announced an enforcement action and settlement order(s) today with MLM company Advocare. Beyond a $150 million monetary judgment and the company’s permanent exit from the direct […]
According to a recent survey of US CEOs, cybersecurity represents the biggest external concern for 2019. If organizations know cybersecurity is an issue, then why is there such a struggle to combat this universal problem? In my opinion, the answer lies within the following Tony Robbins quote, “Complexity is the enemy of execution”. Organizations view […]
The Securities and Exchange Commission (SEC) released a noteworthy announcement just days before the Thanksgiving holiday with significant implications for the network marketing industry: Regulatory oversight and enforcement of cryptocurrency companies is here (and here to stay). I warned MLM companies and consumers alike of the dangers surrounding cryptocurrencies all the way back in 2015. […]
No bigger buzzwords exist in the general populace right now than “cryptocurrency,” “bitcoin,” or some other derivative. With skyrocketing prices and frenzied market activity, everyone and their grandmother wants to know the best way to collect some cryptocurrencies of their own. As a result, new business model after new business model continues to pop up […]
