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Herbalife Ordered To Pay $20 Million for Misleading Investors

Los Angeles-based Herbalife has agreed to pay $20 million to settle allegations that it made misleading statements about its China business model in numerous regulatory filings over a six-year period, the U.S. Securities and Exchange Commission announced Friday. Herbalife consented to the SEC’s order without admitting or denying the allegations, regulators said. The order requires […]