
SEC Sues OnPassive Alleging It’s a Pyramid Scheme
Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
In February 2018, a class-action lawsuit was filed against Ken’s Foods for allegedly falsely advertising Ken’s Steak House® olive oil salad dressings – including Greek with Imported Olive Oil, Italian with Extra Virgin Olive Oil, and Olive Oil & Vinegar – as containing mostly olive oil when, according to the complaint, the dressings contain mostly soybean and canola oils. According to the complaint, the Greek dressing is only 2.9% olive oil and the Italian dressing is only 6.9% olive oil. Four days later, the plaintiffs voluntarily dismissed all of the claims When a complaint is dismissed without prejudice, an amended version of the complaint can be refiled.. The reasons for the dismissal have not been disclosed. (Skinner et al v. Ken’s Foods Inc., Case No. 18-cv-846, C. D. CA.)
For more information about the marketing of salad dressings, click here.
Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
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