Source: Salt Lake Tribune 1/21/2008
USANA Says SEC Rules out Enforcement Action
The SEC probe, begun in March, was sparked by comments made by trader Barry Minkow in the Wall Street Journal's "Heard on the Street" column. The newspaper cited Minkow, who served several years in prison for stock fraud in the 1990s, as saying the company's sales model required the constant recruitment of new distributors and that the pool would eventually dry up.
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