Herbalife Statement Regarding Belgian Commercial Court Ruling

Symbols: HLF
Posted in: News, Legal
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Herbalife (NYSE: HLF) plans to appeal a recent Belgian Commercial Court judgment in a case brought by local consumer organization Test-Aankoop in 2004. The ruling states that Herbalife's sales method violates current Belgian law on unfair commercial practices. It includes a maximum fine of 250,000 euros, should a court determine that any modifications the company makes to its business practices are inadequate to clarify compliance with the judgment.


 
 
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