
FTC Files for Injunction as IML Shuts Down
Agency worries MLM defendants are dissipating assets.
September 2020: A federal judge granted the company’s motion to compel arbitration and dismissed the case.
March 2020: A class-action lawsuit was filed against the marketers of Cel MD products for allegedly falsely advertising the benefits provided by its plant stem cell hair loss and skin care products. The complaint claims that the marketers:
(Berge et al v. Masanto, Altitude Ads Limited, Blooming Investments Limited, Amplify Limited et al, Case No. 20-cv-509, S.D. Cal.)
Agency worries MLM defendants are dissipating assets.
Patrick Coffee, The Wall Street Journal
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