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Herbalife Nutrition Ltd., also called Herbalife International, Inc. (with a U.S. subsidiary called Herbalife International of America) or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme.
The Vitamin Shoppe (formerly Vitamin Shoppe Industries, Inc., stylized as the Vitamin Shoppe) is an American, New Jersey -based retailer of nutritional supplements. It also operated three stores in Canada under the name VitaPath from January 2013 until March 2016. The company provides approximately 7,000 different SKUs of supplements through ...
Forever Living Products is a multi-level marketing company which was founded in 1978 in Tempe, Arizona by Rex Maughan. The company has reported a network of 9.3 million distributors and revenue of $4 billion in 2021, and in 2006 they reported having 4,100 employees.
Here, the SEC's L.A. office questioned the use of products by independent distributors (a big part of Ackman's presentation as well). ... The article 5 Years of Herbalife Drama in Review ...
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Betting on Zero. Betting on Zero is a 2016 American documentary directed by Ted Braun. It investigates the allegation that Herbalife is a pyramid scheme, and follows Bill Ackman 's short investment in Herbalife, which is ostensibly a billion-dollar bet that the company will soon collapse.
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