Herbalife is a popular weight loss program and this has given rise to many situations where people have claimed that they were victims of Herbalife scam. People may think that it is not possible to bring a case against Herbalife, as the company is well established. This is not true. The Federal Trade Commission of the United States has placed Herbalife in a category of companies that are generally safe to deal with.
There are three parties in every situation.
There is the plaintiff, the defendant or the third party, which is the company that you are dealing with in this case. The plaintiff is the person who has filed the lawsuit in order to get monetary compensation for the losses they have suffered. The defendant on the other hand is the one who has committed the fraud. There will also be a third party in the case, which is the one that the victim is supposed to get money from in the end.
It is very important to understand that there is a difference between fraudulent and genuine settlements.
You should not always go for the fake ones since the settlement will not be beneficial to you but instead harm your case. You can also lose valuable time if you do not do enough research about the company and the process involved before signing any agreement.
Another tip is to check out the company thoroughly.
Find out its directors, its officers and all the people who are in charge of the business. If you find out that the company is a huge fraud then you should report it to the authorities. You should also inform your friends and relatives about the incident so that they can be alert and also help you in taking legal action against the fraudulent company. It is important to inform the authorities about it as soon as you come to know about it.
Once the authorities get informed about the fraudulent activities of the Herbalife Company then they will have to take the necessary action.
They will either ban it or take control of it. The person who has obtained the judgment debtor’s settlement money may not be able to pay it back to the plaintiff if it is not properly taken care of. The situation may arise when the debtor sells the company shares or property. A sale may not be possible due to financial problems. If this happens then the person’s status may become bad and the judgment debtor may not be able to pay the judgment.
The judgment debtor may also be sued by the former Herbalife employees.
They may sue the person as well as the company for fraud. The Herbalife attorneys will try to reduce the amount of money as much as possible but they will try their level best to get as much money as they can. The judgment debtor has the option of paying the judgment amount through monthly instalments or in a lump sum through a cash settlement.