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Fla. Court Stays $1B Herbalife Fraud Suit Pending Calif. Deal

By Nathan Hale ( January 6, 2022, 3:46 PM EST) -- A Florida federal court on Thursday granted a joint request for a stay in a $1 billion proposed class action accusing Herbalife Ltd. and top distributors of using a fraudulent seminar scheme to bait new distributors, pending final approval of a settlement agreement recently announced in a closely related case in California....

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