Source: Npros 9/4/2010
FHTM Subject of Class Action Lawsuit in Kansas
The suit names Paul C. Orberson, President/Director of Fortune Hi-Tech Marketing and dozens of other employees and individuals.
The class action suit, filed by Yvonne Day, Leonard Haslag, James McCormick and John W. Turner ( on behalf of themselves and "others similarly situated" ) to "recover damages on behalf of themselves...caused by the defendants' operation of an inherently fraudulent pyramid scheme.
It is important to note that this suit has been brought by individuals, not by the State of Kansas or the Federal Government.
The complaint includes 156 pages outlining the claims against FHTM, plus letters and decrees supporting the plaintiffs' claims.
Related News
-
FTC Bans FHTM from Multilevel Marketing
Frankfort, KY, May 13, 2014 -- An order entered by the U.S. District Court for the Eastern District of Kentucky bans Fortune Hi-Tech Marketing (FHTM) and its operators from multilevel marketing under a settlement with the Federal Trade Commission and the Attorneys General of Kentucky, Illinois and N... Read More...Fortune HiTech Marketing Principals Issue Statement Denying Wrongdoing
Fortune Hi-Tech Marketing, Inc. principals Paul Orberson and Thomas Mills issued the following statement relating to litigation with the Federal Trade Commission (FTC) and Attorneys General of Illinois, Kentucky and North Carolina: LEXINGTON, Ky., Feb. 7, 2013 -- "We deny any wrongdoing and will... Read More...Fortune Hi-Tech Marketing Shut Down-Assets Seized-by Kentucky AG
The headquarters and warehouse of Fortune Hi-Tech Marketing were seized Monday, and the business placed in receivership, when the FTC and Kentucky Attorney General Jack Conway's office alleged in a lawsuit that the company operated a "massive pyramid scheme".The lawsuit alleges that more than 90 ... Read More...Federal Judge Rescinds FHTM Class Action Dismissal
Lexington, KY September 22, 2012 -- On Friday, September 13, 2012, the United States District Court Eastern District of Kentucky rescinded its dismissal and reinstated a proposed class-action lawsuit against Fortune Hi-Tech Marketing, Inc. (FHTM). The judge ruled in favor of the Plaintiffs and again... Read More...
