Mealey's (August 31, 2020, 12:02 PM EDT) -- WASHINGTON, D.C. — Herbalife Nutrition Ltd. will pay more than $123 million to settle claims brought by the U.S. Department of Justice and Securities and Exchange Commission alleging that the direct selling company violated the books and records provision of the Foreign Corrupt Practices Act (FCPA) by failing to report that its Chinese subsidiary had offered "corrupt payments and improper benefits" to government officials in China, the SEC says in an Aug. 28 order instituting cease-and-desist proceedings pursuant to federal securities law (In the Matter of Herbalife Nutrition Ltd., No. 3-19948, SEC)....