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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (890027)9/24/2015 11:32:17 PM
From: Broken_Clock  Read Replies (1) | Respond to of 1575083
 
He needs to research that company a tad more
The previous management of the company became embroiled in a controversy about claims some of their products that were untrue. They paid a serious price for that mistake and the company changed management.
(2013) In 2007, Attorney General Greg Abbott sued Mannatech and Caster, claiming that sales associates made false claims about the healing powers of the company’s products. Abbott charged that sales pitches included false promises that the pills, described by one critic as “sugar pills,” could help cure cancer, Down syndrome and other serious illnesses.
Under the settlement reached two years later, the company paid $4 million in restitution to Texas customers and $2 million for investigation costs. Caster paid a $1 million civil penalty and promised, once again, not to engage in deceptive marketing practices by making exaggerated claims.

But this third strike was different. Caster also was banned from a company position for five years. That five-year period ends in February.

Caster, though, doesn’t stay down. The former chief executive officer may have agreed to a five-year ban that prohibits him from serving as “an officer, director, or employee of Mannatech,” but the agreement left a gaping hole that allows Caster to bounce back.

The attorney general’s agreement says he can serve as an outside consultant to the company.

So this month when Mannatech unveiled Uth (pronounced “youth”), its new skin-cream product, Caster was a main speaker at the videoconference event with sales associates. Introduced as the company’s founder and “visionary,” he explained the company’s new product and his role in its creation.

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not a "mistake". Outright lies.

The "ex" CEO consulting on new products :

“Mr. Caster has no authority in terms of a decision-making capacity at the company. He is not currently an employee, executive or member of our board at Mannatech.”

Curious if Caster has any scientific training in his background, I asked the company about his education.

“Mr. Caster attended North Texas State University,” Duncan reports. “He has more than 25 years experience with various direct selling and marketing companies.”

The registrar at what’s now the University of North Texas reports that Caster attended for four months in 1972.