Is it true that lawsuits have been filed against Mannatech?
Mannatech is the subject of a class-action lawsuit filed in 2005. The class-action suit has not been certified as a class action nor has a judge declared that it has any merit. Following the filing of the class action, Mannatech’s executives were sued by individual shareholders in “derivative” lawsuits raising similar claims. Mannatech has a team of nationally recognized legal specialists to handle the class action and derivative litigation, which the company believes are without merit and will be defended vigorously. None of the litigation has been set for trial. Given the legalistic nature of the American culture, it is no wonder that many companies find themselves in court – many times without merit. An opinion article in the Wall Street Journal in stated that approximately 60 percent of the companies listed in the Dow Jones Industrial Index had been hit with class action lawsuits. Some people have a vested interest in hurting a company’s stock price; these people are known as “shor
