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 Shakedown: Herbalife settles pyramid scheme case with regulator

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CovOps

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Shakedown: Herbalife settles pyramid scheme case with regulator Vide
PostSubject: Shakedown: Herbalife settles pyramid scheme case with regulator   Shakedown: Herbalife settles pyramid scheme case with regulator Icon_minitimeFri Jul 15, 2016 9:08 pm

Herbalife Ltd agreed to pay $200 million and change the way it does business to avoid being labeled a pyramid scheme by regulators, a blow to hedge fund manager Bill Ackman who for years has been betting against the dietary supplements maker.


http://www.reuters.com/article/us-herbalife-probe-ftc-idUSKCN0ZV1F7?il=0
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