What was the amount of the fine Herbalife agreed to pay in a 2016 settlement with the U.S. Federal Trade Commission (FTC)?
$100 million
$200 million
$300 million
$400 million
Answer
In 2016, Herbalife agreed to "fundamentally restructure" its business and pay a $200 million fine as part of a settlement with the U.S. Federal Trade Commission (FTC) following accusations of operating a "sophisticated pyramid scheme".
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