Berkeley Nutraceuticals hit with FTC Complaint
Just a few short days after several former executives of Berkeley agreed to plead guilty to federal criminal charges, the FTC has filed this complaint against the company charging it with unfair and deceptive trade practices in connection with the marketing and sale of a number of the company’s nutritional supplement products. This complaint, unlike the criminal case, is of the more traditional deceptive claims flavor, with a side of unfair practices concerning the company’s continuity programs thrown in for good measure.
Link: Cincinnati Enquirer: US Sues Berkeley.
Bonus link: Complaint in civil case, Price v. Berkeley Premium Nutraceuticals, Inc., E.D. Mich., 05CV71369.
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[...] Attorneys General from Arkansas, Florida, Missouri, North Carolina, Ohio, Oregon, Pennsylvania, Virginia, Wisconsin and the District of Columbia announced a $5 million consent agreement with Berkeley. The agreement covers four related companies including Boland Naturals Inc., Warner Health Care, Lifekey Inc. and Wagner Nutraceuticals. Under terms of the 10 state agreements, the Berkeley family of companies will pay a total penalty of $2.5 million, with an additional $2.5 million due if they fail to meet any of the obligations of the agreements. To read more, click here. For our other entries on Berkeley, click here and here. March 03rd 2006 Posted to investigations, lawsuits [...]