Tag: the-supplements
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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,…