Herbalife Class Action Settlement

Herbalife is a global nutrition company that offers a range of health and wellness products, primarily through a network of independent distributors. Recently, the company faced a class action lawsuit regarding the alleged misrepresentation of the value of attending its events, which led to a settlement agreement involving a $12.5 million fund for affected distributors.

As part of the settlement, Herbalife has committed to implementing corporate reforms aimed at clarifying the nature of event attendance, ensuring it is not mandatory and does not guarantee financial success. The company will also allow for ticket refunds and limit ticket purchases per distributor for its corporate events.

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