Neora has moved to dismiss the FTC’s pyramid scheme lawsuit against it. The company argues the FTC’s lawsuit should be dismissed, owing to it filing a “duplicative” lawsuit first in Illinois. In the alternative, Neora wants the FTC’s New Jersey lawsuit moved to Illinois or Texas.
Nerium @ BehindMLM
An FTC investigation has revealed less than 1% of commissions paid out by Neora were tied to retail sales. Rather than admit the company operated as a pyramid scheme, Neora is suing the FTC.
The FTC has filed a lawsuit against the MLM company Neora (formerly Nerium), and owner Jeff Olson. According to the FTC, Neora has operated as a pyramid scheme since inception as Nerium International in 2011.
Counterclaims filed by Nerium against co-founder Dennis Windsor have been settled via an agreed injunction.
Nerium Biotech has withdrawn its false advertising lawsuit against Neora.
Neora’s former product supplier, Nerium Biotechnology and Nerium Skincare (together represented as Nerium Biotech), have sued the company for allegedly using false product testimonials.
Following the denial of a preliminary injunction, Mark and Tammy Smith’s lawsuit against Neora and Jeff Olson is heading to arbitration.
Following on from our article last week regarding a Dennis Windsor v. Neora settlement, on May 23rd the parties advised the court a partial settlement has been reached.
Since the filing of Mark and Tammy Smith’s Californian lawsuit against Neora (then Nerium), the company has moved swiftly to have the matter resolved via arbitration in Texas. To that end Neora filed an arbitration demand in July 2018. Describing Neora’s response as “retaliatory and vexatious attempts to litigate against Plaintiffs in Texas”, the Smiths’ [Continue reading…]
Dennis Windsor’s long-running lawsuit against Neora might be coming to an end, following representation to the court that a settlement is on the horizon.