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DOJ indicts dietary supplement maker USP Labs for criminal conspiracy to sell toxic substances

Nov. 17, 2015 4:23 PM ETHerbalife Ltd. (HLF) StockHLF, GNC, VSIBy: Douglas W. House, SA News Editor59 Comments
  • The U.S. Department of Justice indicts executives of privately held USPlabs for criminal conspiracy to distribute toxic substances contained in their dietary supplements Jack3D and other products. According to the DOJ, the company altered its labeling and packaging regarding ingredients, made misrepresentations to regulators, retailers and consumers, knowingly and willfully sold products containing toxic substances and made false claims about the effectiveness of the products.
  • The DOJ also brought 12 civil actions, including five last week, but did not specify who they were directed to.
  • After hours action: Herbalife (NYSE:HLF): down a fraction; GNC Holdings (NYSE:GNC) down 7%; Vitamin Shoppe (NYSE:VSI): down 5%.

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