Herbalife Defends Reputation Against Investor’s “Misrepresentations”
This article was originally published in The Tan Sheet
Executive Summary
Herbalife executives dispute allegations by activist investor William Ackman, who is short-selling the firm’s stock. Another investor, Third Point, comes to Herbalife’s defense with the acquisition of an 8.24% stake.
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Markey Calls For Herbalife “Pyramid Scheme” Investigation
The Massachusetts Democrat Jan. 22 asked Herbalife for information about its compensation system and sales to non-distributors, and urged the Securities and Exchange Commission and Federal Trade Commission to investigate the company’s marketing practices.
Markey Calls For Herbalife “Pyramid Scheme” Investigation
The Massachusetts Democrat Jan. 22 asked Herbalife for information about its compensation system and sales to non-distributors, and urged the Securities and Exchange Commission and Federal Trade Commission to investigate the company’s marketing practices.
In Brief
Vitamin Shoppe buys Super Supplements; investor Ackman wages war on Herbalife; NPA cancels MarketPlace show; Herbalife acquires N.C. facility; Capsugel expands quality control; AHP releases aloe vera monograph standard: more news In Brief.