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Litigation

: The FRAUDfiles Blog

Mannatech receives Wells Notice from SEC

By Tracy Coenen

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In July of last year, the Attorney General of Texas filed a lawsuit against  multi-level marketing company Mannatech (NASDAQ:MTEX), alleging the company used illegal sales and marketing practices. Then in August, the company’s CEO, Sam Caster, stepped down. Although he resigned as CEO, he stayed on as chairman of the board. In October, Grant Thornton, the company’s [...]

Full post as published by The FRAUDfiles Blog on September 10, 2008 (boomark / email).

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