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The testimony also cited the FTC’s order against Herbalife, which had to restructure its business operations and pay $200 million to consumers it had deceived into believing they could earn substantial money selling diet and nutritional products. This year, the FTC brought a $100 million judgment against LifeLock.
CFO News Room
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Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income.
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Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income.
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