MLM Owners Fight SEC Claims In $108M Fraud Scheme Suit
By Katryna Perera ( November 22, 2023, 4:48 PM EST) -- The owners of a multilevel marketing company have asked a Florida federal judge to toss a suit from the U.S. Securities and Exchange Commission alleging they ran a fraudulent and unregistered securities offering that raised roughly $108 million, arguing in part that the SEC's claims about their business model fail to show how it is illegal....
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