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Stock Market & Financial Investment News

News Breaks
January 9, 2013
14:23 EDTHLFLoeb issues investor letter regarding Herbalife, NY Times reports
Daniel Loeb's Third Point reported an 8.24% stake in Herbalife (HLF) earlier today, and a New York Times report cites a letter Loeb sent to investors regarding this stake in which Loeb says, "The pyramid scheme is a serious accusation that we have studied closely with our advisors. We do not believe it has merit." Loeb continues, also writing that, "While [Bill Ackman's] presentation was lengthy, it presented no evidence to show that Herbalife has crossed a line that would compel regulators to shut it down." Reference Link
News For HLF From The Last 14 Days
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September 15, 2014
12:14 EDTHLFHerbalife expands partnership with American Youth Soccer Organization
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September 14, 2014
16:17 EDTHLFHerbalife near settlement with former distributors, NY Post says
Herbalife is close to reaching a settlement with five former distributors that allege the nutrition company is a pyramid scheme and has victimized thousands, says the NY Post. Reference Link
September 5, 2014
09:10 EDTHLFHerbalife distributor claims fired for web sales, Seeking Alpha contributor says
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