Avon Inks $14.5M Deal In Stock-Drop Suit Over Recruiting

By Dave Simpson (August 21, 2020, 10:32 PM EDT) -- Avon Products Inc. has agreed to pay $14.5 million to end claims from a proposed class of investors that the beauty company loosened its recruiting standards in its critical market in Brazil, eventually causing the company's stock price to crater, according to a Friday bid for preliminary approval of the deal....

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