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‘This is nonsense’: LuLaRoe CEO fires back at $49 million supplier lawsuit, saying he has no plans to ’jump ship’
LuLaRoe CEO Mark Stidham said he had never had any plans "of absconding abroad with money."
LuLaRoe consultant claims she was urged to stop paying bills and pawn her car as she went broke selling leggings
"I was urged to stop paying my bills to invest in more inventory," one merchant said. "I was urged to get rid of television. I was urged to pawn my vehicle."
Snap-on has issues with its blue collar franchisees and its white collar investors.
The number of consultants selling LuLaRoe products has risen from 38,277 in September to 77,491 in February and that's making it hard for them to turn a profit.
Bill Ackman just dropped a big presentation likening Herbalife to a company the FTC says is a pyramid scheme
He says they're fundamentally the same.