Company announcements, direct sales updates and archived press coverage associated with YTB.
October 14, 2013 -- An investor has acquired the assets of YTB International. YTB, which once had more than 130,000 independent agents, filed for Chapter 11 bankruptcy in March after fallout from lawsuits filed by Illinois' and California's Attorneys General, alleging it operated as an illegal py...
Read full storyYTB International filed for Chapter 11 bankruptcy protection in federal court on March 2. Andrew Cauthen, YTB's President, said in a press release that 'YTB intends to utilize ... Chapter 11 to regroup, reorganize, and relaunch.' Before the company's downward spiral, YTB reported $45 million in r...
Read full storySeptember 6, 2012 -- YTB International Inc. announced that it has ended merger discussions with LTS Neutraceuticals Inc. In a regulatory filing, YTB said that it "has determined that, after further analysis and consideration, a merger with LTS Neutraceuticals Inc. is not in the best long-term int...
Read full storyWOOD RIVER, IL--(Jun 5, 2012) - The Board of Directors of YTB International, Inc. announced today that it has appointed Andrew Cauthen as President and CEO. Mr. Cauthen has also been appointed as a Director to fill a vacancy on the Company's Board. The appointments became effective on May 31, 201...
Read full storyWOOD RIVER, IL, May 15, 2012 -- YTB International, Inc. announced today that it is embarking on an important restructuring program aimed at restoring the Company's profitability and focusing its strategy on its core business of web-based travel-related services. "The Company needs to refocus on o...
Read full storyWOOD RIVER, IL--(Mar 12, 2012) - YTB International, Inc. ("YTB" or the "Company"), a provider of e-commerce business solutions for individual consumers and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, announced on Saturday, March 10, 2012, that th...
Read full storyWOOD RIVER, IL, Oct 26, 2011 -- YTB International Inc., a provider of e-commerce business solutions for individual consumers and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today is pleased to announce the Company executed an asset purchase agree...
Read full storyYTB International, Inc. a provider of e-commerce business solutions for individual consumers and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced the Company has entered into a marketing agreement with Ft. Myers, Florida-based America ...
Read full storyA year end filing by U.S. District Court for the Southern District of Illinois vs YTB International alleges that YTB has 'perpetrated an illegal pyramid scheme that represents one of largest fraud(s) in the history of the State of Illinois and the history of this nation.' The suit seeks $ 100 mil...
Read full storyTravel agents concerned with the future of YTB Inc. and its impact on the travel industry will have to wait until September when, reportedly, the lawsuit by California's state Attorney General against YTB will be heard in a Los Angeles court. The State's attorney general filed the suit against YT...
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