Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


Mannatech settles Texas complaint

This article was originally published in The Tan Sheet

Executive Summary

The Coppell, Texas-based multilevel supplement marketer agrees to pay $6 million to resolve allegations in a 2007 state lawsuit that it exaggerated therapeutic benefit claims for supplements from 2002 to 2006. The Texas attorney general's office says Mannatech agreed to pay $4 million in restitution to consumers and $2 million to cover regulators' expenses (1"The Tan Sheet" July 16, 2007, p. 11). Under the final judgment, the firm agrees "not to advertise or otherwise claim" its supplements "can cure, treat, mitigate or prevent disease." The firm's founder and former CEO, Sam Caster, who was named in the original complaint, will pay a $1 million fine. Mannatech admits no wrongdoing but says it has made "significant changes to its operating practices" in the past two years

Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts