LOS ANGELES -- (Business Wire)
Global nutrition company, Herbalife Ltd. (NYSE:HLF) today issued the
following statement:
“Herbalife welcomes the decision by the U.S. District Court for the
Central District of California to grant final approval of the class
action settlement in the matter of Dana Bostick v. Herbalife
International of America Inc et al.
As we have consistently stated, we believe that the settlement is fair,
reasonable and adequate to class members, and we note the court found
that the low number of claimants was not surprising in light of the
substantial survey results indicating that most people join Herbalife to
become discount consumers of our products."
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 members. The company
supports the Herbalife Family Foundation and its Casa Herbalife program
to help bring good nutrition to children. Herbalife's website contains a
significant amount of financial and other information about the company
at http://ir.Herbalife.com.
The company encourages investors to visit its website from time to time,
as information is updated and new information is posted.
Contacts:
Herbalife Ltd.
Julian Cacchioli, 213-745-0519
Source: Herbalife Ltd.
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