ADA TOWNSHIP, Mich. (AP) -- Amway Corp. says it's paying $34 million in cash and $22 million in products to settle a class-action lawsuit by ex-distributors.
The independent distributors say Amway misled them and engaged in unfair practices hurting their earnings. They sued in 2007 in federal court in San Francisco.
Amway said Wednesday it's not admitting liability. It says it made changes after the suit was filed. The company is based near Grand Rapids in Kent County's Ada Township.
Chairman Steve Van Andel and President Doug DeVos say they regret some distributors' experiences "fell short" of Amway's standards.
Amway says it's expanding a money-back guarantee for products and training materials distributors bought. It values that change and other benefits at $100 million.
Published: Fri, Nov 5, 2010