ACN Inc.
Multi-level marketing company providing telecommunications and other services / From Wikipedia, the free encyclopedia
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ACN, Inc. is a North American multi-level marketing (MLM) company.[2] It provides telecommunications, energy, merchant services and other services, depending on the country, through a network of independent sellers who also can recruit other sellers. Based in Concord, North Carolina, United States, ACN began operations in the United States in 1993.[3] As of 2019[update], the company reported that it operates in twenty-seven countries.[4][failed verification]
Company type | Private |
---|---|
Industry | Multi-level marketing, telecommunications |
Founded | 1993 |
Founders | Robert Stevanovski Gregory Provenzano Anthony Cupisz Michael Cupisz [1] |
Headquarters | , US |
Products | |
Revenue | US$750 million (2016)[citation needed] |
Number of employees | 1,100 |
Website | acn |
Donald Trump and three of his children had some involvement with ACN during his term as president of the United States. In 2018, a class action lawsuit was filed against them alleging fraud, false advertising, unfair competition, and a now-dismissed allegation of racketeering.[5][6] In July 2021, a US appeals court ruled that the case cannot go to arbitration. The lawsuit is ongoing as of March 2022.[7][8] It would be dismissed from federal court in January 2024, with the plaintiffs asked to refile in the state courts where they reside.[9]