FTC Staff Urge MLMs Not to Rely on Industry Income Disclosure Guidance
Advisory opinion letter raises “serious concerns” with self-reg group’s guidance.
Chappell et al. v. Corp. of the President of the Church of Jesus Christ of Latter-Day Saints and Ensign Peak Advisors, Inc.
23-cv-794, D. Utah
(Oct. 2023)
Donations to the Church of Jesus Christ of Latter-day Saints
Misrepresenting that “[o]ne hundred percent of every dollar donated is used to help those in need” when some, if not all, of the money donated is invested in accounts that are never used for charitable work
Pending
Advisory opinion letter raises “serious concerns” with self-reg group’s guidance.
Emily Jankowski and Grace Tatter, WBUR | NPR
It may surprise you.
Verdict comes nine years after TINA.org alerted regulator to supplement’s unsubstantiated health claims.
Regulators have a beef with company’s climate pledge.