Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Herbalife Nutrition Ltd.
Current Parent Company: Herbalife
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $20,000,000
Year: 2019
Date: September 27, 2019
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: The Securities and Exchange Commission announced that Herbalife Nutrition Ltd., a direct selling company with operations in over 90 countries, agreed to pay $20 million to settle charges that it made false and misleading statements about its China business model in numerous U.S. regulatory filings over a six-year period.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: Cayman Islands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: food products
Specific Industry of Current Parent: nutritional products
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.