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pyramid scheme

Herbalife Avoids Pyramid Scheme Charge, Agrees to Pay $200 Million

Summary: Herbalife has settled a lawsuit with the Federal Trade Commission by agreeing to pay $200 million and changing its…

Locke Lord Inherited Problem Case from Edwards Wildman

Summary: Two former Edwards Wildman Palmer lawyers mishandled a case that was supposed to be a class-action that Locke Lord…

TelexFree Owners Charged with Fraud Related to Multilevel Marketing

On Friday, federal prosecutors brought criminal charges against the co-owners of TelexFree LLC, James Merrill and Carlos Wanzeler. Wanzeler could…

Raoul Weil Prepares his Defense

Raoul Weil was formerly a Swiss banker who served as chief executive of the Swiss private bank Reuss Private Group.…

Lawyers Raise $200,000 for Human Rights

An insurance company's unusual "pyramid scheme" has raised siginificant funds for global human rights organizations. The legal department at Swiss…