|photo courtesy of pinguino k -
Jessica Alba’s Honest Co. has run into difficulties in the recent past. Founded in 2011 to provide pure and natural products, beginning with diapers, wipes, detergent and other household products, Honest Co. has been accused recently of promoting products that are not “pure” or “natural” and that contain ingredients that the company advertises as avoiding because it is harmful to health. To make matters worse, the company had begun exploring going public and would want positive PR vibes if it were going to offer shares to the investing public.
According to Institutional Investor, the natural sunscreen promoted by Honest Co. has been leaving children sunburned and one of its detergent products is alleged to contain synthetic material that the company specifically claims is not part of its ingredient list. This type of controversy is particularly harmful for a company investigating a potential IPO. As remarked by a student in my Business Organizations course: “[In this case], the purchasers of the stock will have the registration statement to look to, which contains all material information about the business, so it is essential that it doesn’t contain fraudulent, material misrepresentations or omissions about the natural and safe products and ingredients. Investors could potentially get into Alba’s (and others who sign the statement) pocket book if there was not reasonable investigation and due diligence in making sure the contents of the registration statement are accurate.” Indeed.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)