January 10, 2013 / 3:27 PM / 5 years ago

Herbalife says products are for consumption, not a scheme

Jan 10 (Reuters) - Herbalife Ltd defended itself on Thursday from accusations that it is a pyramid scheme, saying in 32 years of operation just one court had found such a claim to be true.

In a presentation to analysts, the company said the overwhelming majority of purchases of its products were motivated by consumption and not for other purposes. (Reporting by Ben Berkowitz; Editing by Jeffrey Benkoe)

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