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Litigation

Mar. 20, 2013

Judge removes trustees of Herablife founder's $350 million estate

A Los Angeles County judge has removed the trustees assigned to manage the $350 million trust the founder of nutritional company Herbalife International of America Inc. left his only son.


By Emily Green


Daily Journal Staff Writer


A Los Angeles County judge has removed the trustees assigned to manage the $350 million trust the founder of nutritional company Herbalife International of America Inc. left his only son.


Los Angeles County Superior Court Judge Mitchell L. Beckloff found the three men that Herbalife founder Mark R. Hughes entrusted to manage the money failed to safeguard the money "with prudence, skill and dilige...

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