Lyoness declared “Pyramid Scheme” on judgement (case file 21 C 311/15m) from 09/08/2016!

An additional judgement (case file 21 C 311/15m) of the Vienna District Court for Commercial Matters from 09/08/2016 confirms two previous judgements and consolidates previous rulings that define Lyoness as a pyramid scheme. We expect Lyoness to try to play for time and drag on the process with appeals.

Lyoness / Lyconet declared a “pyramid scheme” in Swiss court (case file: EV 2016 42)!

Also in Switzerland a judgement of the Canton of Zug was delivered with brilliant reasons on 09/20/2016.