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  "authorName": "Pershing Square Capital Management, L.P.",
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  "notes": "Uses legal citations to establish a precedent of regulatory action against similar business models.",
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      "text": "The FTC’s findings are substantively identical to the FTC’s conclusions in Vemma",
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      "text": "Conclusion: (1) In sum, Defendants' compensation structure incentivizes Distributors to purchase thousands of dollars of product to receive recruiting-based rewards and to recruit new participants who will do the same...",
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      "text": "Conclusion: (2) In sum, unlike legitimate multilevel marketing businesses, Defendants reward Affiliates for recruiting and for purchasing products to maintain bonus eligibility rather than for selling products to ultimate-user consumers...",
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      "text": "(1) FTC v. Herbalife International of America, Inc., et al. (July 15, 2016). Case No.2:16-cv-05217, Complaint for Permanent Injunction and Other Equitable Relief, at p.38. (2) FTC v. Vemma Nutrition Company, et al. (August 17, 2015). Case No.15-cv-01578, Dkt. No.9. Complaint for Permanent Injunction and Other Equitable Relief, at p.22.",
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