Equinox (MLM)
Equinox International was a multi-level marketing company founded in 1991 and headed by Bill Gouldd.[1] In 1996, Equinox was listed #1 on Inc Magazine's list of the 500 fastest-growing private companies in the United States.
| Industry | Multi-level marketing |
|---|---|
| Founded | 1991 |
| Founder | Bill Gouldd |
| Defunct | 2001 |
| Headquarters | , United States |
Shortly after, the company's founder came under scrutiny for a number of improprieties and illegal acts after numerous individuals filed criminal and civil complaints.
On 25 April 2000, the Federal Trade Commission issued a notice that Equinox International settled a court case with a penalty of $40 million in restitution.
Equinox International dissolved in 2001.
References
- Donna Fenn. "Fast-Sinking Star". Inc. magazine. Retrieved 2009-07-06.
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