Federal Trade Commission v. Seasilver, et al., CV-S-03-0676-RLH-LRL, U.S. District Court, District of Nevada
We took over operational control of the on-going Seasilver dietary supplement business in Carlsbad, California. Seasilver employed more than 500 people and was doing nearly $1 million a day in gross credit card sales of an aloe-based supplement, mostly via its website, based on false and inflated advertising claims. We supervised operation of the company and withdrawal of its improper advertising programs for nearly a year. Control was ultimately returned to the principals after a Consent Decree was entered. The principals are now subject to a $100 million judgment in favor of the FTC.