Sometime in the last twenty four hours North American Power announced that they are terminating their business opportunity. Effective immediately, Independent Representatives will be unable to refer new customers or representatives to Thrive or North American Power. All referral sites have been disabled. Representative support has also been shut down, with (affiliates) simply told to contact the company by email if they have any questions... the lack of any attempt at an explanation in the communication means they’re probably not going to be answering questions regarding the closure via email either. I’m not sure if these have anything to do with NAPower’s shutdown, but there are two recently filed class-action court cases naming the company as a defendant... one by residents of Illinois and the other on behalf of residents of Rhode Island... According to court documents both cases are represented by Finkelstein, Blankinship, Frei-Pearson & Garber, LLP (New York). Is this just the first crack in the dam, as it were, with more to follow on behalf of the residents of other jurisdictions... only time will tell, but a court-issued summons was issued to North American Power on January 9th. The Company has yet to officially respond to enquiries... from authorities or otherwise... except to state that they are terminating their business opportunity effective immediately.
Posted on: Thu, 15 Jan 2015 02:27:59 +0000