Despite negotiations taking place for over a year, at present a settlement between the FTC and Neora looks unlikely. As per a settlement report filed on December 9th, the parties advise; Despite their efforts, the parties were unable to bridge the gap between their respective positions. At this time, the […]
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FTC’s Neora case trial scheduled for October 2022
As per the FTC’s Neora case docket, a three-week bench trial has been scheduled for October 11th, 2022. No that’s not a typo, the trial is two years away. The FTC alleges Neora is a pyramid scheme and sued the company last November. In an attempt to get ahead of […]
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Neora’s “bad faith” FTC lawsuit dismissed
Neora’s “we want to legalize pyramid schemes” lawsuit against the FTC has been dismissed. Neora’s Illinois suit was filed in a preemptive attempt to undermine the FTC’s pending case against them. Namely Neora sought declaration that “Nerium is not and never has been a pyramid scheme”. In line with a […]
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FTC’s Neora case survives dismissal, moved to Texas
Neora’s bid to dismiss the FTC’s pyramid scheme case against it has been rejected. The company did however manage to get the case moved to Texas. The thrust of Neora’s motion to dismiss is they filed first against the FTC in Illinois. Neora’s lawsuit came about as a result of […]