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Posted December 5, 2012
Hydroxycut Class Action Lawsuit To Be Settled
Iovate Health Sciences Inc. has agreed to a settlement of $25.3 million, pending final court approval, in a class action lawsuit that alleged the company deceived consumers about the safety of its Hydroxycut weight loss supplements. The lawsuit was brought against Iovate, parent company Kerr Investment Holding Corp., and various retailers who sold Hydroxycut, for promoting the supplement as safe and effective without scientific support for such claims.