Herbalife Nutrition Ltd.: $20M Penalty

Order Instituting Proceedings, Making Findings and Imposing a $20 million penalty against Herbalife Nutrition Ltd., a Cayman Islands-domiciled, Los Angeles-based multi-level marketing firm whose shares are listed on the New York Stock Exchange, regarding “false and misleading public statements in numerous U.S. regulatory filings regarding its China business model”, before the U. S. Securities and Exchange Commission.