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Source: Npros.com 12/4/2015

Lawsuit Against Herbalife Dismissed

November 25, 2015 -- A federal judge has dismissed a lawsuit against Herbalife and its CEO, Michael Johnson. The lawsuit, filed by Oklahoma Firefighters Pension and Retirement System, accused Herbalife of defrauding shareholders by understating the percentage of sales to retail customers. It also claimed Johnson took advantage of a share price he knew was inflated by selling more than $126 million of company stock.

The judge decided that the plaintiff failed to show Herbalife and Johnson intended to deceive shareholders and misrepresented the company's business.

View Herbalife International Review

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Herbalife Reports Third Quarter Results

November 02, 2017

LOS ANGELES--Herbalife Ltd. reports results for the third quarter ended September 30, 2017.

"During this year of transition, we believe our performance has now stabilized and we are seeing improvements in trends," said Rich Goudis, CEO of Herbalife. "By continuing to imp... Read More...

Herbalife Nutrition Recognized With Forbes Magazine Award

LOS ANGELES--Global nutrition company, Herbalife, is honored to receive a place on Forbes' list of America's Best Midsize Employers.

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FTC Sending Checks to Herbalife Distributors

January 10, 2017 -- The FTC announced it is mailing checks to almost 350,000 Herbalife distributors as part of the ettlement with Herbalife. Herbalife agreed to pay $200 million and to restructure its business in order to avoid being classified as a pyramid scheme. Herbalife publicly disagreed wit... Read More...