The Law Offices of Frank R. Cruz Announces Investigation of Herbalife Nutrition Ltd. (HLF) on Behalf of Investors

Aug 07, 2020 07:17 pm

LOS ANGELES --

The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Herbalife Nutrition Ltd. (“Herbalife” or the “Company”) (NYSE: HLF) concerning whether the board breached its fiduciary duties to shareholders.

If you are a shareholder, click here to participate.

On May 7, 2020, Herbalife disclosed that it would pay $123 million in aggregate penalties, disgorgement, and prejudgment interest to resolve bribery investigations by the U.S. Securities and Exchange Commission and U.S. Department of Justice in connection with the Company’s China operations.

Our investigation concerns whether the Company’s board of directors breached its fiduciary duties to shareholders and/or grossly mismanaged the Company in connection with the above alleged misconduct.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Herbalife shares before January 1, 2017 and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200807005516/en/

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com

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