National Consumers League statement on distribution of settlement funds to Herbalife distributors – National Consumers League
January 11, 2017
Contact: NCL Communications, Cindy Hoang, cindyh@nclnet.org, (202) 207-2832
Washington, DC—The National Consumers League (NCL), America’s pioneering consumer advocacy organization, today applauded the Federal Trade Commission (FTC) disbursal of compensation to hundreds of thousands of consumers who lost money due to unfair and deceptive actions by multi-level marketing company Herbalife. NCL was the first consumer group in the nation to call on the FTC to investigate allegation of pyramid scheme behavior at Herbalife. The following statement is attributable to John Breyault, NCL’s vice president of public policy, telecommunications, and fraud:
“We applaud the FTC for ensuring that victims of Herbalife’s fraudulent activities will receive some restitution for their losses. This action is yet another sign that, despite statements to the contrary, it is no longer business as usual for the direct selling industry. We strongly urge the FTC and state regulators to hold Herbalife’s and the entire direct selling industry’s feet to the fire to ensure that consumers are protected from pyramid scheme behavior.”
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About the National Consumers League
The National Consumers League, founded in 1899, is America’s pioneer consumer organization. Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad. For more information, visit www.nclnet.org.
