Norway evidently doesn’t have a regulatory physique succesful recovering shopper losses from Lyoness.

That has left Lyoness’ Norwegian victims dealing with the prospect of suing the corporate as civil plaintiffs.

Enter the legislation agency Brækhus and their proposed sufferer class-action.

Brækhus has at the moment assembled thirty Norwegian Lyoness victims for his or her lawsuit. Collectively these former affiliate buyers have misplaced hundreds of thousands of kroner.

Official estimated Norwegian Lyoness sufferer losses are upwards of “a number of hundred million kroner”.

As reported by E24;

Audun Kleppestø within the legislation agency Brækhus desires to usher in much more, hopefully 400-500.

Brækhus had needed to pursue authorized motion underneath a single proposed class-action lawsuit towards Lyoness.

Sadly the Oslo District Court docket rejected the legislation agency’s proposal. The said purpose for the proposal was differing circumstances amongst collaborating victims.

Brækhus has but to make a transfer going ahead.

In associated information, regardless of banning Lyoness in 2019, Norway’s Lottery Authority continues to butt heads with the corporate.

In February this 12 months, one in every of Lyconet’s Elden legal professionals wrote a letter to the Norwegian Lotteries Authority stating that they might begin up once more in Norway.

Think about being banned nationwide, after which simply emailing a regulator to allow them to know you had been re-entering the nation.

Of their letter Lyoness legal professionals tried the previous “we’re direct advertising and marketing, we will’t be a pyramid scheme!”

Fortunately the Lottery Authority didn’t purchase it.

“Many of the revenue from the enterprise in Norway nonetheless comes from recruiting members, and the stipulations for persevering with or beginning a authorized enterprise in Norway are usually not current,” was the reply.

The Lottery Authority additionally requested Lyoness to cease misrepresenting the Oslo Police investigation.

In November 2019 the Lottery Authority reported Lyoness to Oslo Police on suspicion of prison offenses.

Citing a scarcity of assets, seven months later Oslo Police introduced they wouldn’t be pursuing a case.

Apparently Lyoness has been selling this determination as affirmation Lyoness is authorized in Norway – which in fact is fake.

Additionally false is a declare by Lyoness’ European legislation agency Elden, who instructed E24;

We want to level out that Lyoness, myWorld and Lyconet are fully unbiased corporations that function underneath totally different enterprise fashions.

Lyoness is owned and operated by Hubert Freidl. On paper there’s a ton of shell corporations hooked up to Lyoness, however final possession and operation nonetheless falls on Friedl.

When requested for data on Lyoness’ present operations in Norway regardless of being banned, Elden ignored the query.

I’ll preserve an eye fixed out for Brækhus class-action updates.