USANA has announced that a California State Court has dismissed a class action suit filed against the company in 2007.
The suit, filed by former USANA distributors, Jeannette Johnson and Christopher Crane-Johnson v USANA, on behalf of themselves and all others distributors was filed last summer not only against the company, but also certain officers, distributors and directors. The plaintiffs allege that, USANA failed to disclose material adverse facts about the company, its business relationships and its future business prospects. There were also claims of concealment of fraudulent activity and that USANA maintained an unsustainable business model.
An official statement from the court states that The Plaintiffs agreed to request that the court dismiss the case with prejudice and determined there was no longer any merit to maintaining a class action lawsuit
USANA and its CEO, Dave Wentz, were also pleased at the outcome, “We are pleased that the court approved this motion to dismiss. We will continue to move forward without further distraction or expense.”
This is more good news for the company that has a had a very interesting year including being able to rid itself from the annoyance of Barry Minkow’s lawsuit and move beyond the unsuccessful attempt to take the company private.
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