Nestler & Jeunesse settle backroom deal lawsuit
Following the signing of an $90,000 secret backroom deal, Matthew Nestler’s affiliate membership with Jeunesse was terminated eight months later.
Jeunesse claimed Nestler failed ‘to adequately support the distributors he sponsored’. Nestler’s subsequently filed lawsuit meanwhile detailed a shifty conspiracy to transfer his business to his former immediate downline.
Then Jeunesse president Darren Jensen and Kevin Giguere, the affiliate who inherited Nestler’s Jeunesse business, claimed Nestler made death threats in response to losing his business.
Nestler responded by claiming Jeunesse were trying to “bury him“.
The matter has been slowly playing out in court over the past year, with news that a settlement was reached late last month.
Kevin Thompson, representing Matthew Nestler in his lawsuit, published the settlement announcement to Facebook on December 31st.
I’m pleased to report that the dispute between my client, Matt Nestler, and Jeunesse has been worked out.
Jeunesse and Matthew Nestler have entered into an out-of-court settlement of their lawsuit pending in the Circuit Court of Seminole County, Florida.
The parties are pleased to have resolved their differences so that each may refocus attention on their respective businesses.
The settlement fully resolves the claims asserted by each of the parties against the other.
As part of the settlement, both parties deny any liability to the other, and both agree to abide by specific parameters governing their future business dealings and activities.
The specific terms of the settlement are confidential, but both parties agree that the terms are fair and are a reasonable resolution to the contested litigation.
Due to the confidential nature of the settlement, the terms of it, like Nestler’s Jeunesse affiliate membership, will remain buried.
My take is that Nestler was probably paid off. Nestler had nothing else to lose by proceeding with litigation, and the resurrection of his Jeunesse business was obviously not going to happen.
Jeunesse had already had a substantial amount of dirty laundry aired, with continuation of Nestler’s lawsuit only likely to reveal more shenanigans.
As part of the settlement Nestler’s probably barred from taking any further action against the company, with the payout he received reflecting that.
I suppose it’s a positive that the parties involved are now able to move on, but ultimately disappointing that Jeunesse folded. Yeah nobody publicly admitted liability, but the terms Nestler would have agreed to would have been pretty narrow (otherwise he wouldn’t have filed the lawsuit in the first place).
I suppose it’s something too that if other Jeunesse affiliates get shafted on their secret deals, at least they’ve now got a blueprint for recourse.
Footnote: A reminder that the above opinions about the Nestler Jeunesse settlement are explicitly just that, opinions. They are based on what information is publicly known about the case and should not be construed as the actual terms of the settlement.
The actual terms of the Nestler Jeunesse settlement are known only to the parties involved and their respective attorneys.
matthew nestler seems quite satisfied with the outcome of his suit against juenesse:
so, everyone is friends again and the chapter is closed. bye bye.
Wonder what the actual dollar amount was…
Jeunesse made 1 billion dollar revenue in its 6th year(2015).
It is the first company which can made it in American network marketing industry. Jeunesse will be next giant.
How much of that was genuine retail sales? As I understand it most of Jeuenesse’s revenue is derived from Asia, and we all know how heavy into affiliate autoship recruitment they are there.
and expenses were????????????
yeah. jeunesse will be next giant CRASH.
the faster product based pyramids which rely on recruitment and autoship grow, the harder they fall.
take a look at vemma, it was like jeunesse’s twin sister. even before the FTC action against vemma, it was failing and in loss, as recruitment was slowing.
after an year or so, jeunesse will also go kaput.
Just go look up all the Jason Caramanis deals with the Jeunesse owners, and you’ll learn how crooked they really all are!
Hmm is the deal with nestler similar to what they did with cedrick harris? Or did they bring in Cedrick when Nestler failed?
With all the secret stuff going on.. its like asking “who can see the wind neither you nor I but when the trees are swaying the wind is passing by.”
And a profit of what?
Also, you quoted it wrong. It’s the FASTEST to do 1 billion, but it’s hardly the first 1 billion. Amway is the head at 11-15 billion a year.
But it also brings up an interesting observation: Jeunesse only claimed 415 million annual revenue in 2014. In 2012 it didn’t even rate 100 million annual revenue.
Monavie, which Jeunesse bought for a song, did 1 billion in annual sales long before Jeunesse (back in 2009). In 2007-2008, MonaVie was doing 100% growth per quarter, according to some press releases.
There’s also some questions whether Jeunesse had a hand in the demise of of Monavie. Monavie sold a chunk of company to a VC group for $100 million.
In 2010, this capital/stock was somehow turned into a loan of 182 million at 12%. (where did the stock go?) Its stock started taking a nosedive in 2010 (worthless by 2014), and Monavie defaulted on the loan in 2015.
An entity related to Jeunesse bought the loan/note (of 182 mil) for $15 million and foreclosed on Monavie.
A Monavie insider claimed that Monavie inflated the revenue by counting stuff that’s not retail back in 2010/2011.
How much of the bad habits do you think made it to Jeunesse?
But with MLMers, it’s “my upline said wind is blowing, so it must be”.
Jeunesse’s sales made over 1.4B in 2017 and 70% and above came from China, however, it had never obtained the legal direct sales license in China and was caught smuggling millions of dollars of goods through the south China border twice.
Its greater China president Robert Li is still in jail right now since the first smuggling case was caught in July 2018.
CCTV (China Central Television) finally released the news in January 2020. Business activities are still being carried in China as of today.
I’m a distributor and am really hesitating if I should go further with the company.
The product really works wonders but I am not sure if I want to work for a company that has no integrity and does not do business in the most ethical way after reading so much about it.