MLM Survivors Homepage. Mannatech Inc. tells consumers scientific studies show its nutritional supplements are safe, promote good health and are even covered by a health insurance plan.
Investors get another story.
In documents for its initial public stock sale last month, Mannatech told potential buyers it doesn't know if its products are safe, or even if they work. Dr. See claimed to have received a grant from the National Institutes of Health to conduct the study, which was supposedly carried out under the auspices of the University of California at Irvine Medical School. The NIH has asked Mannatech to cease using its name in any promotional materials. Mannatech is now suing Dr. See, although they still apparently plan to use the bogus study to sell their product. Sam Caster, Mannatech's president, has been under the regulatory gun before.