FTC Staff Urge MLMs Not to Rely on Industry Income Disclosure Guidance
Advisory opinion letter raises “serious concerns” with self-reg group’s guidance.
In September 2012, the company behind iRenew Bracelets settled two class-action lawsuits, which alleged that the company falsely claimed that the Bracelet helps promote balance, strength, and endurance. The settlement provides reimbursement to anyone who purchased the iRenew Bracelet in the U.S. for personal use between January 1, 2009 and May 24, 2012. (Litwin v. iRenew BioEnergy Solutions, LLC, Case No. BC447114 and Garton v. Harvest Trading Group, Inc., Case No. BC452682 in Los Angeles Superior Court)
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.