A new report published by the Connecticut-based watchdog, Truth in Advertising (TINA), found over one hundred consultants of LuLaRoe’s multilevel marketing company, famous for its variety of patterned leggings and dresses, have filed for personal bankruptcy since 2016. One of the issues addressed by the TINA report is due to the overcrowded market of LuLaRoe sellers, the products have become practically unsellable. While LuLaRoe advertises financial freedom of its sellers, the TINA report concludes that many sellers are more likely to face financial difficulty.
LuLaRoe Distributors in Bankruptcy as Founder Touts Financial Freedom
TINA.org Report: Over 100 LuLaRoe Distributors Have Filed for Bankruptcy
Curran Antonelli represents a broad range of businesses and corporate entities, private equity funds, as well as governmental agencies and other interested parties in all phases of the bankruptcy process and in bankruptcy related transactions and litigation. As advocates and trusted business advisors, our well-established foundation of knowledge and understanding of our clients’ business interests, enables our attorneys to deliver unparalleled individualized attention to our clients of all sizes with their litigation and corporate transactional needs.