USANA Essential Tips

Just like any growing business, USANA Health Sciences has also faced many challenges. The most notable of which was the so-called USANA Scam that occurred last March 2007, USANA was accused by Barry Minnow, an executive of the Fraud Discovery Institute accusing the company of operating an illegal pyramid scheme.

There was an informal investigation that was made by the U.S. Securities and Exchange Commission that was concluded in January 2008, with the SEC recommended that there would be no action is to be taken against the company.

Then the USANA lodged suits or filed a lawsuit against Minkow and his company claiming defamation and stock manipulation of the USANA Scam that he accused the company. But then USANA dropped the defamation suit against its accuser in March 2008.

A U.S. District Judge threw out four of the five claims or lawsuit brought by USANA against Minkow ruling that USANAs claims violated California’s anti-SLAPP law for suing Minkow for its fair criticism.

And that USANA did not show or presented any probable cause of winning on those claims. Then the judge also cited two examples where USANA failed to refute Minkow’s claims that their products were overpriced and of no better quality than other lower-priced brands.

And the remaining charge of stock manipulation that was accused be Minkow was settled in July 2008 when both reached an undisclosed settlement, which included the removal of all USANA-related materials from the Fraud Discovery Institute website.

But the USANA Scam was forgotten by the masses as USANA improved well on their products and showing their critics that they are a true business and never a scam.