Herbalife to Pay $123 Million to Resolve China Bribery Cases

Aug. 28, 2020, 3:53 PM UTC

Health supplement maker Herbalife agreed to pay $123 million to resolve U.S. criminal and civil charges that it paid bribes to Chinese officials.

The company said in securities filing that a criminal case announced Friday was related to a settlement the company disclosed in May with the Justice Department and Securities and Exchange Commission. A spokesman for Herbalife didn’t immediately have a comment on the matter.

Federal prosecutors in Manhattan said Herbalife agreed to pay a criminal penalty of nearly $56 million and a civil penalty of roughly $67 million to resolve a government investigation into possible violations of the ...

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