The FTC and Attorneys General of five states alleged that Equinox Corp was an illegal pyramid scheme, a deceptive trade practice. They also claimed that Equinox violated state securities laws and misrepresented the financial gain to be had from joining the company.
The full case and summary are also available at: http://www.mlmlegal.com/legal-cases/FTC_v_Equinox.php
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MLM / Direct Sales Updates, MLM Consulting / Network Marketing Updates
Federal, 9th Circuit, Nevada |
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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