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A federal court lawsuit is accusing nutritional fruit juice marketer MonaVie LLC and its principals of financial shenanigans for selling shares to an employee retirement program at a premium, only to see the value crash nearly 100 percent. A proposed class action lawsuit says the South Jordan company sold shares valued at $186 million to an employee stock ownership program in...Read More
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced Ron Williams, CEO and founder of ForeverGreen, as well as several other senior executives traveled to Japan to meet with top leaders and prepare for the expansion of business in the region. PowerStrips, an FGXpress product listed with the FDA as a Class 1...Read More
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Medifast, Inc. (“Medifast” or the “Company”) (MED) concerning the improper compensation of the Company’s executives. Medifast’s key executive compensation increased drastically from approximately $2.12 million in 2012 to approximately $12.11 million in 2...Read More
ViSalus' international expansion initiative supplies solutions for the growing European demand for healthier living by continuing its commitment to open four new Vi markets by year-end 2014. Vi Ireland launched in June, the Netherlands, Sweden and Finland in October, and Spain opened for shipping November 14th, completing Vi's global expansion ahead of schedule. ...Read More
Jeunesse is honored to announce the addition of Bo Short to its global field leadership. As the company experiences continued exponential growth, Bo will use his decades of expertise in MLM to continue to stimulate significant growth around the world, while also designing a groundbreaking personal development initiative aimed at strengthening field leadership in the United States...Read More
In a rapidly-changing world where new information and scientific data come to light faster than ever, beauty and skincare products continue to evolve. Artistry™, one of the world’s top-five largest selling premium skin care brands*, continues to leverage these changes to imagine new technologies and discover new breakthroughs. Through active collaboration an...Read More
The Department of Justice will defer criminal prosecution of Avon Products Inc. for three years, according to a bribery probe settlement disclosed Wednesday. A six-year federal investigation of the company has ended with Avon’s Chinese subsidiary pleading guilty and accruing $135 million in fines. The investigation focused on the period from 2004 to late 2008. The SEC a...Read More
Salt Lake City, Utah (December 18, 2014) 4Life Indonesia celebrated the one-year anniversary of the office in Pekanbaru, West Sumatra. Since the office opening last fall, the region has enjoyed steady growth and success. The anniversary event was attended by numerous 4Life distributors and executives, and included inspirational speeches, a prayer led by a local spiritual lead...Read More
A leading South Korean cosmetics company, AmorePacific Group has been selected as the top prize recipient of the Korea Image Awards 2015 for promoting South Korea’s image overseas, the organizer Corea Image Communication Institute announced on Monday. This year’s Korea Image Stepping Stone Award goes to AmorePacific Group for “spreading Korean beauty and bra...Read More
Company celebrates further expansion in European market as product demand grows
Mannatech®, Incorporated (NASDAQ: MTEX), the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, announced the official open...Read More
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