Herbalife Reveals Number of ‘Preferred Members’ and SEC Probe
Hundreds of thousands of individuals in Herbalife’s network in the United States have elected to be “preferred members,” a category that describes individuals who purchase […]
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Herbalife Ltd. Announces Fourth Quarter and Full Year 2016 Earnings Release Date and Investor Call
LOS ANGELES–(BUSINESS WIRE)– Global nutrition company, Herbalife Ltd. (HLF) will release its fourth quarter and full year 2016 financial results after the close of trading […]
Herbalife Admits To Ongoing SEC & DOJ Investigation Regarding Its Largest Market: China
Herbalife has just admitted in a disclosure filed hours ago that it is still being investigated by the Securities and Exchange Commission and the Department of […]
Carl Icahn’s Herbalife Conundrum: Trump
Billionaire financier Carl Icahn received approval from the U.S. Federal Trade Commission to acquire up to a 50 percent stake in the sports nutrition company Herbalife (HLF) in October 2016, following a $200 million […]
Herbalife trims earnings outlook for the year, discloses SEC inquiry into possible corruption in China
In a prospectus for its $1.325B debt facilities, Herbalife (NYSE:HLF) reports that its expects Q4 GAAP and non-GAAP EPS to be within the previously announced […]
Lessons from the FTC’s Herbalife and Vemma cases
As part of the FTC’s historic $200 million settlement with Herbalife, about 350,000 Herbalife distributors should be watching their mail for a partial refund check. […]
FTC Sends Checks to Nearly 350,000 Victims of Herbalife’s Multi-Level Marketing Scheme
The Federal Trade Commission is mailing checks to nearly 350,000 people who lost money running Herbalife businesses. The checks are the result of a July […]
Icahn says Herbalife is undervalued, business can create jobs
Carl Icahn, the activist investor who owns over $1.2 billion worth of Herbalife (HLF.N) shares, said the stock is cheap, especially now that the cloud […]
Herbalife billionaire CEO to step down after $200 million pyramid scheme suit
Herbalife CEO Michael Johnson, who has the led the company for 13 years, fending off allegations that the business was a pyramid scheme and overseeing […]
Herbalife Ltd. Never Has An Activist Spend So Much Time And Money Trying To Destroy
I just got this letter via Fedex from Herbalife Ltd. (NYSE:HLF) HQ – I am pretty sure this was sent to other members of media […]