Herbalife Ltd. (HLF) Reaches $15M Settlement In Alleged Pyramid Scheme – ValueWalk Premium
Herbalife Ltd. HLF

Herbalife Ltd. (HLF) Reaches $15M Settlement In Alleged Pyramid Scheme

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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