Herbalife to Pay $123 Million to Resolve China Bribery Cases
Photographer: Patrick T. Fallon/Bloomberg
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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.