S.E.C. Opens Investigation Into HerbalifePosted: January 10, 2013
The agency’s enforcement unit has opened an investigation into the company, according to a person briefed on the matter. The inquiry, which is being run out the S.E.C.’s New York office, is likely to examine the company’s sales practices. Herbalife operates through a network of independent resellers who are incentivized to recruit others.
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