Work from Home News

THE HOME BASED BUSINESS WIRE
   
Regeneca Shutting Down
Regeneca Worldwide has been ordered to cease operations by the Department of Justice, which filed a consent decree of permanent injunction against the company and its CEO, Matthew Nicosia, alleging that they violated the Federal Food, Drug and Cosmetic Act (FDCA) by manufacturing and distributing RegeneSlim Appetite Control, which contained the additive dimethylamylamine (DMAA), and failing to disclose the presence of DMAA on product packaging. The DOJ complaint filed in November 2015 also alleged that Nicosia and Regeneca Worldwide violated the FDCA by marketing RegeneSlim as a cure, mitigation, treatment or prevention of disease.

DMAA, also known as methylhexanamine or geranium extract, is a stimulant considered by the FDA to be a health risk to consumers, especially if combined with caffeine and other ingredients. In 2012, the FDA sent Nicosia a warning letter telling him to stop selling RegeneSlim products containing DMAA. The company recalled RegeneSlim in 2014. However, inspections of Regeneca's manufacturing operations uncovered repeated violations of the FDCA and in November 2015, the Department of Justice filed the complaint that prompted the consent decree.

Regeneca agreed to adhere to the consent decree and shut down its operations to settle the litigation. If it seeks to reopen in the future, the company must prove to the FDA that its manufacturing processes are in compliance with the law. The settlement is pending judicial approval.

 

Agents Seize Approximately 20 Million in Scheme to Launder TelexFree Funds
January 26, 2017(Boston)--Approximately $20 million in cash hidden inside a box spring in a Westborough, Massachusetts, apartment was seized late yesterday, and a Brazilian man was arrested in connection with conspiring to launder proceeds of the massive TelexFree pyramid scheme.

Cleber Rene Rizerio Rocha, 28, was charged in a criminal complaint with one count of conspiring to commit money... [ Click Here ]

 

Modere Acquires Jusuru
EWPORT BEACH, Calif., Jan. 18, 2017 -- Modere, the first social retailer to create a safe and forward-thinking approach to overall wellness, today announced that it has reached an agreement to acquire Jusuru International, Inc. ("Jusuru"), the company behind Liquid BioCell™, a new generation of nutraceuticals for healthy aging, active joints and younger-looking skin that has been backed by multipl... [ Click Here ]

 

FTC Sending Checks to Herbalife Distributors
January 10, 2017 -- The FTC announced it is mailing checks to almost 350,000 Herbalife distributors as part of the ettlement with Herbalife. Herbalife agreed to pay $200 million and to restructure its business in order to avoid being classified as a pyramid scheme. Herbalife publicly disagreed with the FTC's allegations but said it was settling to avoid the costs associated with litigation.

<... [ Click Here ]

 

Coty Buys Majority Stake in Younique
New York – January 10, 2017 – Coty Inc. announced today that it has entered into a partnership with the Founders of Younique, a leading online peer-to-peer social selling platform in beauty. Under the proposed agreement, Coty intends to acquire 60% of Younique while the Founders will own the remaining 40%. Younique’s Founder and current CEO, Derek Maxfield, and Chief Visionary Officer, Melanie Hus... [ Click Here ]

 

Vemma Settle with FTC
Tempe, AZ- Vemma Nutrition Company (“Vemma”) is pleased to announce that it has reached a settlement with the Federal Trade Commission (“FTC”), bringing an end to the FTC’s lawsuit against Vemma that was filed just over 16 months ago.

For Vemma, there are three key components of the settlement.

First, despite the FTC’s initial allegations, the settlement contains no admission of faul... [ Click Here ]

 

XANGO Launches 12 Days of Giving Campaign
LEHI, UT--(December 21, 2016) - XANGO, a global wellness and direct sales leader, is marking a successful 2016 by mobilizing its worldwide force of distributors for the '12 Days of Giving' campaign to help support children and families in need. Leading up to Christmas, the company is spreading goodness and inviting people to purchase XANGO Meal Packs to provide much-needed nutrition to malnourishe... [ Click Here ]

 

ViSalus CEO Steps Down
LOS ANGELES, Dec. 22, 2016 -- ViSalus CEO Ryan Blair today announced a new investor group and corporate restructuring designed to strengthen the company's balance sheet. As part of this transaction, Blair announced he is stepping down as CEO to devote more time to his venture capital firm and towards mentoring leading tech innovators. Blair will hand the reins to ViSalus Co-Founder Nick Sarnicola,... [ Click Here ]

 

Nu Skin CEO to Leave
PROVO, Utah, Dec. 7, 2016 -- Nu Skin Enterprises today announced a senior management transition plan. Truman Hunt, who has served as the company's president and chief executive officer since 2003, has accepted a three-year leadership assignment for The Church of Jesus Christ of Latter-day Saints beginning in mid-2017.

The Nu Skin Board of Directors has announced that Ritch Wood will become... [ Click Here ]

 

USANA Health Names Kevin Guest CEO
November 24, 2016 -- USANA Health Sciences, Inc., a manufacturer of nutritional supplements, healthy foods and personal care products, announced Wednesday the appointment of current Co-CEO, Kevin Guest, as CEO of the company, as Dave Wentz has made the personal decision to step down as Co-CEO and a Board member.

The company said it will no longer utilize a Co-CEO management structure. The U... [ Click Here ]

 

FTC Sends Checks to Former FHTM Representatives
November 8, 2016--The Federal Trade Commission announced it will mail checks totaling more than $3.7 million to provide partial refunds to almost 300,000 former independent representatives of Fortune HiTech Marketing (FHTM), which was sued and shut down by the FTC and Kentucky state regulators in 2013. FHTM settled the lawsuit and agreed to pay for the partial refunds. The FTC said it may have a... [ Click Here ]

 

Tastefully Simple Streamlines Operations
(Alexandria, Minn.) November 9, 2016 – Tastefully Simple announced a restructuring plan today. These changes result in the reduction of 39 team members at its headquarters; over 140 people remain employed. In addition, Tastefully Simple has thousands of independent sales consultants across the nation who will continue to operate their home-based businesses as usual.

“It’s important to strea... [ Click Here ]

 

Herbalife Nutrition Announces CEO Transition Plan
November 01, 2016 LOS ANGELES--Global nutrition company Herbalife Ltd. today announced that consistent with the Company’s planned succession strategy, Michael O. Johnson, Herbalife Nutrition’s chief executive officer (CEO) since 2003 and chairman since 2007, will transition to the role of executive chairman of the Company, effective June 1, 2017. At that time, Richard P. Goudis, currently chief op... [ Click Here ]

 

Thirty One Gifts Offers Holiday Products That Give Back
(COLUMBUS, OH) – November 1, 2016 – Direct-selling retailer Thirty-One Gifts has released its holiday gift guide and announces that this year all products will give back approximately 5 percent of net total sales to nonprofit organizations that serve and support girls, women and families.

Thirty-One’s gift guide includes special holiday products with new holiday personalization on items suc... [ Click Here ]

 

doTERRA Named International Company of the Year by World Trade Association of Utah
SALT LAKE CITY, Oct. 25, 2016 -- doTERRA International, the world's leading essential oils company, was recognized today as the 2016 International Company of the Year by The World Trade Association of Utah. The announcement was made during the Utah Global Forum.

The Utah Global Forum annually honors one outstanding company and individuals via the following awards: International Company of t... [ Click Here ]

 

About Us | Site Map | Privacy Policy | Contact Us | ©1999-2014 Npros.com