Herbalife Ltd. (HLF) Reaches $15M Settlement In Alleged Pyramid SchemeMani
Herbalife Ltd. (NYSE:HLF) revealed in a U.S. court filing that it would pay $15 million to settle a class action lawsuit brought by a former distributor claiming the company is running a pyramid scheme.
The settlement also requires the nutrition and supplements company to make numerous changes to its business model.
Allegations against Herbalife
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