Herbalife Sets Aside $40 Million for Bribery Settlement

Herbalife Nutrition Ltd. has set aside $40 million as an estimate of what it might need to resolve foreign bribery probes centered on its business in China. The multilevel-marketing company is in negotiations with DOJ and SEC to resolve these FCPA investigations. Last year, two former Herbalife executives, both Chinese nationals, were indicted in the […]
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