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Posts related to ‘Herbalife pyramid scheme’

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Ackman Fires Another Round at Herbalife

Posted: March 14, 2013 at 10:15 am

William Ackman and Pershing Square Capital Management have released another presentation backing Ackman’s claim that Herbalife Ltd. (NYSE: HLF) is indeed a pyramid scheme. This time Ackman compares Herbalife to ...
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Consumer Group Boosts Ackman’s Bet Against Herbalife

Posted: March 13, 2013 at 12:36 pm

In a press release this morning, the National Consumers League (NCL) called on the Federal Trade Commission (FTC) to “investigate recent allegations that the multi-level marketing company Herbalife [Ltd. (NYSE: ...
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Herbalife Shares Ignore Latest Queries from Ackman

Posted: February 7, 2013 at 12:59 pm

Hedge fund honcho William Ackman fired off another set of questions directed at Herbalife Ltd. (NYSE: HLF) in yet another move to back up his contention that the nutrition and ...
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Herbalife Says NY Post Story Wrong

Posted: February 4, 2013 at 1:23 pm

We noted earlier today that the New York Post ran an exclusive story this morning saying that the Federal Trade Commission (FTC) has a “pending” investigation into charges against Herbalife ...
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FTC Probe of Herbalife “Pending” — New York Post

Posted: February 4, 2013 at 8:35 am

The Federal Trade Commission (FTC) released 192 complaints filed against Herbalife Ltd. (NYSE: HLF) over the past seven years in response to a Freedom of Information Act request filed by ...
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CNBC Ackman Icahn

William Ackman’s Secret Weapon: The FTC

Posted: January 28, 2013 at 2:10 pm

The Federal Trade Commission (FTC) today launched an investigation in what it believes to be an illegal pyramid scheme. The company involved is Fortune Hi-Tech Marketing, a multi-level marketing company ...
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Nutrition Supplement

Icahn Now in Herbalife Fray?

Posted: January 10, 2013 at 7:49 am

Hedge fund Pershing Square Capital Management and its CEO, William Ackman, made a lot of waves (and headlines) with Ackman’s takedown of Herbalife Inc. (NYSE: HLF). Calling the weight loss ...
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