Company News, Regulations

FTC Cuts Checks to Herbalife Distributors

All part of a $200 million settlement

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By: TOM BRANNA

Editor

For once, at least, the check really is in the mail—for thousands of Herbalife distributors, anyway. The Federal Trade Commission said it is mailing checks to nearly 350,000 people who lost money running Herbalife businesses. The checks are the result of a July 2016 settlement with the FTC that required Herbalife to pay $200 million and fundamentally restructure its business. This represents one of the largest redress distributions the agency has made in any consumer protection action to date. ...

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