GO TO CREATE FRAUD - THEN DISCOVER IT
THE STORY OF THE FRAUD DISCOVERY INSTITUTE FRAUD
Herbalife International - Minkow Fraud Story
KEYWORDS: Fraud, Minkow, Barry Minkow, Convicted Felon, FDI, Fraud Discovery Institute, Herbalife, crime, criminal investigation, Herbalife China, legal professional, attorney, legal defense, legal insurance
OLD MLM NEWS NOW YOU MISSED IT!
This Legal Notice Is a Learning Lesson For All Companies!
If You Received an Unsolicited Call or Fax that You Believe Came from a Herbalife Distributor
You May Benefit From a Proposed Class Action settlement
Proposed Settlement has been reached in a class action against Herbalife International Inc. and some of its distributors. The case is Mey v. Herbalife, et al., No. 01-C-2631y1, and it is pending in the Circuit Court of Ohio County, West Virginia.
What is the lawsuit about?
The lawsuit claims that Herbalife distributors initiated unsolicited calls or faxes to promote Herbalife products or business opportunities to persons who did not have a customer or business relationship with Herbalife or its distributors, in a manner that violated federal telemarketing law. Herbalife and the distributors deny that they did anything wrong. Herbalife also denies that it is legally responsible for the acts or omissions of its independent contractor distributors.
Who can make a claim?
You may be a Class Member entitled to make a claim if you (a.) received an unsolicited call or fax from an Herbalife distributor (or from Herbalife or a company that provided leads to Herbalife distributors) front July 16, 1999 through July 2, 2007, and (b.) did not have a customer or business relationship with Herbalife. The call or fax did not have to mention Herbalife by name.
What are the terms of the Proposed settlement?
The Herbalife distributors and Herbalife have agreed to create a $7 million Settlement Fund that will be distributed to Class Members. The amount you can get depends on the number of people that file a claim but it will not exceed $75. To make a claim, you must complete and send in a claim form certifying that you received a call or fax as described above. Class Counsel will request fees of $2,331,000, plus actual costs, which, if approved, will be deducted from the Fund. Administrative Costs, Notice Costs and approved class representative compensation will also be deducted from the Fund.
What are my rights?
• You can make a Claim to get money from the Settlement Fund. All Claim forms must be postmarked no later than November 13, 2007.
• If you do not want to be a member of the Class, you must send a letter and ask to be excluded. Your request must be postmarked no later than November 13, 2007. If you do not exclude yourself, you agree never to sue Herbalife or its distributors in the future for the claims covered by the Proposed Settlement.
• You can tell the Court if you do not like this Proposed Settlement or some part of it if you do not exclude yourself. To object or comment, you must send a letter that is mailed and postmarked no later than November 13, 2007. You may also hire your own lawyer, at your own cost, to speak for you.
The detailed Notice, available below, explains how to exclude yourself or comment on the case. It also explains what rights you are giving up if you stay in the Class.
Will the Court approve the Proposed Settlement?
The Court will hold a Final Approval Hearing on January 15, 2008 at 10:00 a.m. to consider whether the Proposed Settlement is fair, reasonable, and adequate, the motions for attorneys' fees and expenses, and compensation for the Class Representatives. If comments or objections have been received, the Court will consider them at that time.
Or Write: Herbalife TCPA Class Action Settlement Administrator c/o A.B. Data, Ltd., P.O. Box 170500, Milwaukee, WI 53217-8091