Sept 5 (Reuters) - New York hedge fund manager William Ackman says Herbalife is a pyramid scheme that exploits the poor. He has taken a $1 billion bet against the company's stock and spent millions on ...

Activist investor Bill Ackman may be busy on the M&A trail these days, but he hasn’t backed away from his real passion — trying to take down Herbalife, the nutritional supplements company he has bet ...

NEW YORK (AP) — Activist investor Bill Ackman once again denounced weight loss and nutritional supplements company Herbalife as a pyramid scheme, but Wall Street shrugged off his criticism and sent ...

William Ackman, the founder and CEO of Pershing Square Capital Management, issued a presentation on Tuesday about global nutrition company Herbalife (HLF). He disclosed new evidence that focused on ...

Herbalife Ltd. (NYSE:HLF) today issued the following statement in response to Bill Ackman’s three-hour, presentation on the Company’s nutrition clubs: Herbalife is a 34-year old nutrition company with ...

Activist investor Bill Ackman fired his latest salvo at the weight loss and nutritional supplements company Herbalife on Tuesday, alleging that one of the business models used by its distributors is ...

Chicago officials are cracking down on popular "nutrition clubs" after an I-Team investigation started looking into the growing trend. A hidden camera into some of these clubs revealed what was beyond ...

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NEW YORK – Activist investor Bill Ackman fired his latest salvo at the weight loss and nutritional supplements company Herbalife on Tuesday, alleging that one of the business models used by its ...