Herbalife offers to settle class action for $15mil

Full article on dailymail.co.uk

  • Civil rights groups alleged in 2013 Herbalife unfairly targets minorities
  • Herbalife made $4.8 billion in sales last year and uses a wide network of independent distributors to sell products
  • Lawsuit claims they company’s independent distributors earn more money recruiting new sales people than they do selling its products 
  • The company has entered into a settlement agreement that would end the class action for $15 million
  • It still needs approval
  • The settlement does not contain any admission of liability or wrongdoing
  • Herbalife stock has lost about a third of its value this year 

 

I posted an epic rant against MLM “health” businesses in general and Herbalife in particular on my blogspot a while back. Random jerkoff artists forever trying to recruit me without knowing a damn thing about me and assuming I’ve either got no integrity or just no idea what I’m doing as a trainer and coach. It is insulting.

Advertisements

Author: davehpt

I'm DaveHPT, Maybe you've heard of me? Musician, rock star and recording artist. Published author. Former security industry professional. Personal Trainer and Weight Management Architect Of Awesomeness. Problem Solver.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s