NZ National Business Review slams USANA Health Sciences (USNA)


USANA Health Sciences (NASDAQ: USNA) continues to mount one of the lamest defenses I have ever seen amidst swirling allegations of misrepresentations and outright fraud. After New Zealand's National Business Review published a scathing expose of the company's shady business practices, Daniel A. Macuga, Vice President of Network Development and Public Relations for USANA, defended his employer with a passionate letter ... that was soundly and completely rebuked by the paper.

First of all, let's give credit where credit is due. USANA did the right thing in sending someone new out to defend the company after Joseph Poulos did such a bad job that I started calling him Salt Lake Sam.

Be sure to read Macuga's letter and the brilliant point by point rebuttal. if you like watching big companies get it handed to them by journalists, you'll love it.


More USANA Health and Sciences news

Kevin Kelly:
"Heard on the Street" knocks USANA
Zac Bissonnette: Oh snap! Barry Minkow fires back at Usana Health Sciences
Zac Bissonnette: Forbes slams Usana Health Sciences (USNA)
Zac Bissonnette: NZ National Business Review slams USANA Health Sciences (USNA)
Zac Bissonnette: USANA has a product, so it's not a pyramid scheme?
Zac Bissonnette: Is Baghdad Bob working for USANA Health Sciences?

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 05:15 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1328912157759 ms.