Friday, October 31, 2014

Herbalife to pay $15 million to settle class action lawsuit

The Herbalife logo is seen on a building housing some of their offices in downtown Los Angeles, California By Devika Krishna Kumar (Reuters) - Herbalife Ltd would pay $15 million to settle an 18-month battle over a class action lawsuit brought by a former distributor claiming that the nutrition and supplements company is running an alleged pyramid scheme, according to a U.S. court filing. The company would pay $15 million in cash, plus up to $2.5 million for product returns, according to the court filing that granted preliminary approval for the settlement on Friday. ...








via Health News Headlines - Yahoo News http://ift.tt/10Gw0hM

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