
FTC Files for Injunction as IML Shuts Down
Agency worries MLM defendants are dissipating assets.
June 2022: The Court granted final approval of the settlement agreement.
November 2021: The Court granted preliminary approval of a settlement agreement. For more information, go to https://nautilustreadmillsettlement.com/.
July 2020: A class-action lawsuit was filed against Nautilus, Inc. alleging that Nautilus, Schwinn, and Bowflex treadmills are not capable of achieving the advertised horsepower during normal use. (Walker et al. v. Nautilus, Inc., Case No. 20-cv-3414, S.D. Ohio)
Agency worries MLM defendants are dissipating assets.
Patrick Coffee, The Wall Street Journal
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