LuLaRoe co-founder Mark Stidham dead at 68
LuLaRoe co-founder Mark Stidham passed away on September 25th at the age of sixty-eight. Stidham is believed to have died of complications related to pancreatic cancer.
LuLaRoe co-founder Mark Stidham passed away on September 25th at the age of sixty-eight. Stidham is believed to have died of complications related to pancreatic cancer.
Following a jury verdict against them, LuLaRoe has been ordered to pay $164 million in damages. The damages were awarded to Providence Industries, a former supplier of LuLaRoe’s leggings.
Jessica Ponkey’s proposed LuLaRoe class-action has been dismissed for a second time, this time with prejudice.
Plaintiff Jessica Ponkey has prevailed in an appeal against a decision to close her LuLaRoe class-action. Ponkey’s class-action was closed last year, following a Final Arbitration Award issued in April 2022.
Dot Dot Smile has filed its Chapter 11 Plan. The December 2nd filing provides insight into how and why Dot Dot Smile collapsed.
Twoand a half months after it canned its MLM opportunity and went wholesale, Dot Dot Smile has filed for bankruptcy. Dot Dot Smile initiated Chapter 11 proceedings in California on September 3rd.
The Ponkey LuLaRoe class-action, the second filed in California, has been dismissed through arbitration. The case isn’t over just yet though.
Dot Dot Smile has informed distributors its MLM opportunity “no longer makes sense for us to maintain as a sustainable business.” The announcement was made last Friday, giving notice Dot Dot Smile will cease MLM operations on June 30th.
Last September mediation proceedings were ordered in the proposed LuLaRoe class-action in California. Since then, one by one, LuLaRoe has been reaching confidential settlements with the Plaintiffs. As of May 2021 there were still three Plaintiffs standing. On July 1st three joint stipulations were filed, requesting dismissal of their respective cases and claims.
A second pyramid scheme class-action has been filed against LuLaRoe. Plaintiff Jessica Ponkey filed suit against LuLaRoe in California on March 24th, 2021.