Chanos says 'side with the bears' on multi-level marketers Jim Chanos on CNBC said it's "no secret" that he sides "with the bears" on companies in the multi-level marketing space. Names in the space include Herbalife (HLF), Nu Skin (NUS) and Usana (USNA).
FTC, states charge four cancer charities as shams The Federal Trade Commission and 58 law enforcement partners from every state and the District of Columbia have charged four sham cancer charities and their operators with bilking more than $187M from consumers. Named in the federal court complaint are Cancer Fund of America, Cancer Support Services, Children’s Cancer Fund of America and The Breast Cancer Society. Shares of Herbalife (HLF) and Lumber Liquidators (LL) weakened intraday yesterday as speculation circulated about whether either of the companies would be the target of the FTC's announcement today.