Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Herbalife Ltd.    HLF   KYG4412G1010

HERBALIFE LTD. (HLF)

78
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Herbalife Ltd. : Herbalife Statement Regarding Belgian Appeal Court Ruling

12/03/2013 | 12:33pm US/Eastern

Global nutrition company Herbalife (NYSE: HLF), welcomes the judgment by a Belgian Appeal Court that states the company's sales model is in full compliance with Belgian law. This judgment overturns a previous ruling by the lower court, in response to claims brought by Belgian consumer organization Test-Aankoop, that Herbalife was operating a pyramid scheme.

Herbalife always believed that the first judgment contained factual errors and was based on misinterpretations of its direct-selling sales method, and was confident that the original judgment would be overturned on appeal.

Herbalife continues to focus on supporting its independent distributors and their customers in Belgium, and the company remains committed to an open and transparent relationship with those distributors and customers, as well as regulatory authorities and all other stakeholders.

About Herbalife Ltd.

Herbalife Ltd. (NYSE:HLF) is a global nutrition company that sells weight-management, nutrition and personal care products intended to support a healthy lifestyle. Herbalife products are sold in more than 90 countries to and through a network of independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. Herbalife's website contains financial and other information about Herbalife at www.herbalife.com.

Herbalife Ltd.
George Fischer (EU)
+44 7787 148392
or
Julian Cacchioli (US)
+1 213 309 9478


© Business Wire 2013
React to this article
Latest news on HERBALIFE LTD.
4d ago HERBALIFE : Wins Two Prestigious "Choice of the Year" Awards in Ukraine
5d ago Top Herbalife salesman acknowledges high failure rate in video
5d ago HERBALIFE : Formula 1 Nutritional Shake Wins Product of the Year Award in Russia
12/12 HERBALIFE : Participates in National Black Caucus of State Legislators Corporate..
12/09 HERBALIFE : Family Foundation : Donates $10,000 to Establish San Antonio’s..
12/08 HERBALIFE : Congratulates LA Galaxy on Becoming 2014 MLS Cup Champions
12/04 HERBALIFE : Sponsors 2014 HOPE "Icons and Treasures" 25th Anniversary Awards Din..
12/04 HERBALIFE : Sponsors 2014 HOPE “Icons and Treasures” 25th Anniversar..
12/03 HERBALIFE : Further Strengthens Nutrition Advisory Board with Two Leading Health..
11/26 HERBALIFE : Family Foundation : and the LA Galaxy Foundation Partner with A Plac..
Advertisement
Chart
Duration : Period :
Herbalife Ltd. Technical Analysis Chart | HLF | KYG4412G1010 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF