Herbalife will pay the Federal Trade Commission a settlement of $200 million, and in return, the company will not be classified as a pyramid scheme. WSJ's David Benoit joins Tanya Rivero to ...
Herbalife, a direct seller of protein shakes and other products, has a cheerleading sales culture that has weathered a string of assaults from Wall Street and naysayers. Steven Russolillo reports ...
Previously dogged by allegations of running a pyramid scheme, Herbalife reached a settlement Friday of more than $123 million to defer U.S. prosecution over allegations that its executives conspired ...
“It is a very good day for my psychological short on @Herbalife,” Ackman wrote in a post on social media platform X, formerly known as Twitter. “And it is an even better day for the world to see one ...
Herbalife (HLF) shares were sent soaring ... and presented his thesis of why he thinks the company is an illegal pyramid scheme. Other investors, most notably Carl Icahn, took the opposite side ...
Herbalife, a multi-level marketing firm that ... is shorting more than 20 million shares of HLF calling the company a "pyramid scheme." On the long side, hedge funder Daniel Loeb, the founder ...