A Texas multi-level marketing company defeated the Federal Trade Commission in a case that alleged the company operates as an illegal pyramid scheme.
The win for Neora, which sells beauty and wellness products, came Sept. 28 in the Texas Northern District, nearly a year after the case went to trial in October 2022. It could be the first victory against the FTC’s pyramid scheme claims in a trial, according to attorneys on the case.
Neora was represented in court by Foley and Lardner LLP. In a statement, the firm called the win significant for the direct-selling industry “as it emphasizes ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.