SEC Sues OnPassive Alleging It’s a Pyramid Scheme
Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
In October 2018, a false advertising class-action lawsuit was filed against Sierra Trading Post for allegedly misleadingly comparing its prices to false reference prices, which are not the former prices or the market prices of the merchandise. The case was transferred to federal court soon after being filed. (Chen et al v. Sierra Trading Post, Inc., Case No. 18-cv-1581, W. D. WA.)
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Lawsuit claims company defrauded over 800,000 investors of more than $108 million.
TINA.org files comment concerning coordinated efforts to protect consumers.
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