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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: $67,000,000
Year: 2020
Date: August 28, 2020
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: financial institution supervision failures
Mega-Scandal: Foreign Bribery
Violation Description: Herbalife Nutrition Ltd. agreed to pay $67 million to settle charges that it violated the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act through the actions of its Chinese subsidiaries.
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.