Mannatech Says SEC Will Not Take Action Over Firing
In September, the Coppell-based maker of nutritional supplements was issued a so-called Wells notice, signaling that the SEC's enforcement division planned to ask the commission to begin cease-and-desist proceedings against Mannatech for firing its former auditor, Grant Thornton LLP, in October 2007.
Mannatech fired Grant Thornton after the tax firm gave the company an ultimatum: Either remove chairman and founder Sam Caster or find a new accountant. Mannatech chose the latter.
More Mannatech news
Mannatech Expands to Thailand, Its First New Market in Years
Mannatech has begun a soft opening in Thailand, with an official launch planned for mid-June. It is the company's first new market in several years. The opening team is led by Roh...
Mannatech Borrows 3.6 Million Dollars From Chairman and Insiders at 16 Percent
Mannatech, Incorporated disclosed in a Form 8-K that it entered into 3.6 million dollars in unsecured promissory notes with related parties on April 23, 2024. The notes carry...
Mannatech CFO David Johnson Resigns; President Landen Fredrick to Serve as Interim CFO
Mannatech, Incorporated disclosed in a Form 8-K filed January 12, 2024 that Chief Financial Officer David A. Johnson notified the company and its board on January 8 that he would...
Mannatech Says It Has Regained Nasdaq Equity Compliance After Restructuring Swiss Subsidiary Ownership
FLOWER MOUND, Texas - October 14, 2026 Mannatech, Incorporated says it believes it has regained compliance with the Nasdaq Capital Market's minimum stockholders' equity...
Mannatech Chairman J. Stanley Fredrick to Retire; Robert Toth Named Chair
Mannatech said J. Stanley Fredrick notified the board on August 26, 2026, of his intent to retire from the board and as chairman effective September 1, 2026, for personal reasons...