Tag: indictment-says
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U.S. files criminal charges against sellers of Jack3d, other supplements
USPlabs, which sold the best-selling workout supplement Jack3d, and six of its executives face criminal charges for the unlawful sale of nutritional supplements, the U.S. Justice Department said Tuesday in announcing a larger probe by federal agencies aimed at stemming the sale of unproven products. The indictment says that USPlabs LLC used a synthetic stimulant…
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U.S. dietary supplement shares whipsawed by Justice Dept. announcement
Shares of dietary supplement retailers tumbled in heavy trading volume on Tuesday, spurring a surge in options hedging activity for those stocks even though fears they would be mentioned in a U.S. Department of Justice lawsuit did not materialize. GNC Holdings’ shares tumbled as much as 27.1 percent to hit their lowest in four years,…
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Women and Toilets. A Tale of Two Worlds.
By: Ranit Mishori and Tanvi Nagpal The scene at the Boston Ballet the other day was not unusual: a long line of women waiting to use the bathroom. Surprisingly, and with the help of a wonderful bathroom attendant who used a microphone to call out available stalls by number, the line moved very quickly. While…
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U.S. doctor group calls for ban on drug advertising to consumers
The American Medical Association on Tuesday called for a ban on advertising prescription drugs and medical devices directly to consumers, saying the ads drive patients to demand expensive treatments over less costly ones that are also effective. The influential doctors’ group said the new policy reflects physicians’ concerns that marketing spending on a proliferation of…