A settlement deal with Youngevity has been reached as a result of Andre Vaughn’s Chapter 7 bankruptcy in February 2022.
Vaughn submitted a Status Report on April 19th informing the court of the status of his bankruptcy proceedings.
Vaughn submitted a petition for bankruptcy in the Middle District of Pennsylvania of the United States Bankruptcy Court on November 5, 2021, by Chapter 7 of the United States Bankruptcy Code.
Vaughn filed a Notice of Bankruptcy Filing on November 17, 2021, informing the court and all parties involved in the matter mentioned above of his Chapter 7 bankruptcy filing.
The Middle District of Pennsylvania’s U.S. Bankruptcy Court issued an Order of Discharge on February 11, 2022, releasing Vaughn’s obligations by 11 U.S.C. 727.
Vaughn asserted that due to his bankruptcy, he felt
The matter mentioned above is ready to be dismissed entirely since all claims have been settled by all parties.
Youngevity’s immediate response to Vaughn’s claim was to refute it, saying that Vaughn’s bankruptcy didn’t expressly mention their litigation.
Vaughn responded by restating his stance, and on May 13th Youngevity filed a joint motion to dismiss its claims against Vaughn. Vaughn has also agreed to waive all lawsuits against Youngevity.
The court set a hearing to approve the filing for May 18th on May 16th.
The court docket hasn’t been changed yet, but I anticipate the most recent settlement will bring the matter to a close.
In a 2016 lawsuit, Youngevity listed Vaughn as a defendant.
The MLM business claimed that Vaughn and the other defendants destroyed it practically to introduce Wakaya Perfection (now Xfinity Global).
K. Chang, a BehindMLM reader, discovered that Vaughn has a history of declaring bankruptcy involving MLM.
They were both sentenced to 10 months in jail for bankruptcy fraud in 2019 when it caught up with them and their spouse. For the same behavior, Vaughn’s wife received three years of probation.
Vaughn describes himself as a “multi-millionaire entrepreneur” and “wealth influencer” on social media.
In a few days, I’ll revisit the Youngevity case docket. Hopefully, by then, they’ll have solved the case.
29th May 2022 update On May 26, the court granted Youngevity’s motion to dismiss.
This concludes the proceeding and BehindMLM’s reporting on “Youngevity International, Corp. v. Smith et al.”