ACN meaning in Business ?
Answer: What is American Communications Network mean?
ACN, Inc. is a North American-based multi-level marketing (MLM) company which provides telecommunications, energy, merchant services and other services, depending on the country, through a network of independent sellers who also can recruit other sellers. Based in Concord, North Carolina, United States, ACN began operations in the United States in 1993. As of 2019, the company reported that it operates in twenty-seven countries.
Donald Trump, and three of his children had some involvement with ACN during his term as president of the United States. In 2018, a class action lawsuit was filed against them alleging fraud, false advertising, unfair competition, and a now-dismissed allegation of racketeering. In July 2021, a US appeals court ruled that the case cannot go to arbitration. The lawsuit is ongoing as of July 2021.
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