Herbalife agrees to $200M settlement with FTC

July 15, 2016 12:56 PM

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The Federal Trade Commission has determined that Herbalife is not a pyramid scheme, but the nutritional supplement marketer will still be required to pay $200 million to consumers and "fully restructure" its "unfair" business in a comprehensive settlement, the FTC confirmed Friday.

The settlement comes after a two-year investigation by the FTC, which has probed Herbalife over accusations that the company focuses on recruiting more sales people instead of selling its products.

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