Herbalife to Pay $200 Million Over Claims of MisrepresentationSettlement with FTC allows company to avoid being classified as pyramid scheme; Icahn’s stake limit also gets a boost
By
DAVID BENOIT and
BRENT KENDALL
Updated July 15, 2016 4:39 p.m. ET
WASHINGTON—Herbalife Ltd. will pay $200 million in a settlement with the Federal Trade Commission that requires significant changes to Herbalife’s business practices but allows the nutritional-products company to avoid being classified as a pyramid scheme.