Arab Today, arab today dietary aid shares sink as us moves against small producers
Last Updated : GMT 01:21:23
Arab Today, arab today
Arab Today, arab today

Dietary aid shares sink as US moves against small producers

Arab Today, arab today

Arab Today, arab today Dietary aid shares sink as US moves against small producers

GNC shares have been under pressure since Oregon Attorney General Ellen Rosenblum
New York - AFP

Shares of nutritional supplement companies tumbled Tuesday as the US Justice Department announced civil and criminal charges against a number of smaller, unlisted producers.

The department unveiled the results of a year-long probe into companies selling supplements that contained ingredients other than those listed or made unproven claims of their effectiveness in health and disease treatment.

The main case involved criminal charges against USPlabs and top company officials over ingredients used and claims made about its Jack3d and OxyElite Pro supplements popular in workout and weight loss programs.

Another eight companies faced civil charges, many related to unsubstantiated claims about the effects of their supplements.

Although apparently untouched by the investigation, shares of publicly traded firms in the industry suffered.

GNC Holdings plunged, finishing down 6.4 percent to $29.07, Vitamin Shoppe shed 4.9 percent to $28.19, and Herbalife lost 0.8 percent at $54.43.

Earlier, when news came out that the pending Justice Department would announce criminal charges in the industry, the shares of all three plunged much farther.

GNC shares have been under pressure since Oregon Attorney General Ellen Rosenblum announced in October she was suing the company over its sale of dietary supplements that contained the unapproved synthetic chemicals picamilon and BMPEA.

The latter is a powerful stimulant sometimes used for weight loss or as a doping drug by athletes.

GNC said in response that the Oregon suit was without merit and that it took action to stop selling products with the two ingredients as soon as it learned they were not considered legal by the US Food and Drug Administration.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dietary aid shares sink as us moves against small producers Arab Today, arab today dietary aid shares sink as us moves against small producers

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:58 2017 Saturday ,25 February

US new home sales rise in January

GMT 05:46 2017 Saturday ,25 February

Record unemployment in Brazil

GMT 05:33 2017 Saturday ,25 February

Indian wind power tariffs fall

GMT 05:27 2017 Saturday ,25 February

German construction sector grows
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday