MLM Company Herbalife Settles Patent Dispute

A subsidiary of biotech company United Therapeutics has settled a three-year patent dispute with MLM company Herbalife, a maker of nutritional supplements.

Financial terms of the settlement between the subsidiary, Unither Pharma, and Los Angeles-based Herbalife were not disclosed.

MLM Company Herbalife Moves Head Office

MLM company Herbalife Ltd. said Wednesday that it would move its U.S. headquarters to downtown Los Angeles from Century City in 2008, giving a boost to downtown and the L.A. Live project.

The maker of nutritional supplements and weight management products will be one of the anchor tenants in an office building at L.A. Live, the $2.5-billion sports, entertainment and residential complex being constructed next to Staples Center.

MLM Companies Attract Short Sellers

Proposed new FTC regulations for MLM companies has attracted increased short-selling interest in the stocks of a number of publicly traded MLM companies such as USANA, Herbalife, Mannatech and others.