StemVida International, Inc. Files Lawsuit Against Former Co-founder Victor Hugo Chavez, Nuvi...

StemVida International, Inc. Files Lawsuit Against Former Co-founder Victor Hugo Chavez, Nuvi Global Corporation, and Additional Named Defendants for Alleged Violations of Law and Corporate Policies.



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ONTARIO, Calif., June 9, 2014 /PRNewswire-HISPANIC PR WIRE/ — StemVida International, Inc., a leading network marketing company focused on promoting health, wellness and opportunity for its growing network of independent distributors and customers announces the filing of a lawsuit with the Superior Court of California on May 8, 2014.

In its lawsuit, StemVida International alleges that former co-founder, corporate officer, and director Victor Hugo Chavez and additional defendants: Julio Chavez-Espindola, Roberto Fuentes, Irma Mireya Moreno, Vida Empresarial, Inc., Nuvi Global Corporation located in Rancho Cucamonga, CA (http://www.stemnuvi.com ) and other unnamed co-defendants have conspired with one another and engaged in the following unlawful acts designed to harm StemVida International and its family of distributors: 1) Intentionally interfering with StemVida’s existing contractual relationships with its distributors; 2) Intentionally and negligently interfering with StemVida’s prospective new distributor enrollees; 3) Misappropriating StemVida’s confidential and proprietary trade secrets to recruit and interfere with StemVida’s existing economic relationships with its distributors, employees, suppliers and vendors; 4) Engaging in trade libel and wrongful disparagement of StemVida, its distributors and its products; 5) Breach of duty of loyalty to StemVida by former CEO and director, Victor Hugo Chavez; and 6) Breach of fiduciary duties owed to StemVida by its distributors.

To protect the efforts, achievements, earnings and potential opportunities for increased prosperity of StemVida’s network of loyal distributors; and to protect and preserve the reputation, integrity, and financial well being of the company and its model; StemVida will continue to vigorously prosecute and sue any and all named and unnamed defendants in the Superior Court of California to stop the alleged unlawful actions and illegal attempt to use StemVida’s trade secrets to form a new company, Nuvi Global or any other company by the same means.

StemVida will not tolerate, condone, or allow any individual to unlawfully misrepresent, confuse, threaten, or incite distributors to leave the company through deceptive practices, coercion, raiding or cross-recruiting of StemVida distributors to join a new company formed and associated with named defendants.

Additionally, any distributor of StemVida International that knowingly engages in any practice that negatively impacts the company through violations of law or non-compliance with StemVida’s distributor agreement or its published terms, conditions, policies and procedures; risks immediate termination and being named to the lawsuit. StemVida International will pursue all legal and equitable remedies available, including monetary damages and injunctive relief.

ABOUT STEMVIDA INTERNATIONAL, INC

StemVida International, Inc is a leading manufacturer and marketer of adult stem cell supplements, personal care and beauty products designed to improve the body’s natural regeneration and renewal capabilities by stimulating the release of new stem cells to promote repair, function, health, and wellness.

StemVida markets its proprietary products through its growing network of over 20,000 independent distributors that share the company’s mission, vision and values for promoting a balanced lifestyle of healthy living and financial prosperity. StemVida™, StemAlive™, and Excellence in Nature™ are all registered trademarks of the company.

SOURCE StemVida International, Inc.

StemVida International, Inc. Files Lawsuit Against Former Co-founder Victor Hugo Chavez, Nuvi Global Corporation, and Additional Named Defendants for Alleged Violations of Law and Corporate Policies.