×

Breaking News: Herbalife Speaks to CNBC's Scott Wapner

WHEN: Thursday, November 13th

Herbalife speaks to CNBC's Scott Wapner in response to report of a director being charged in 2008 fraud case in Brazil.

All references must be sourced to CNBC.

From CNBC's Scott Wapner:

Herbalife responds first to CNBC, on news report that one of its directors was charged in 2008 fraud case in Brazil.

"We first became aware of this situation two days ago. On a yearly basis, all prospective and current board members are asked about any pending or closed proceedings that occurred during the prior ten years. Mr. Cardoso has always responded in the negative."

Sources say Herbalife spoke to Mr. Cardoso directly two days ago, who told the Company he had just learned of the charges himself.

Sources also say Herbalife continues to seek more information on the matter.

About CNBC:

With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.

CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/programming/cnbc.