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Stock Market & Financial Investment News

News Breaks
February 3, 2014
12:18 EDTHLFFTC chair to meet with activists to hear concerns about Herbalife, NY Post says
The New York Post reported yesterday that Federal Trade Commission Chair Edith Ramirez will meet with minority and consumer activists to hear their pyramid concerns about Herbalife. More than a dozen activists from around the country will meet with Ramirez on February 5, according to Brent Wilkes, executive director of the League of United Latin American Citizens. Wilkes says "Our main message is that Herbalife is defrauding hundreds of thousands of people in the U.S. every year, and the FTC must act to protect our communities from further abuse." Reference Link
News For HLF From The Last 14 Days
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May 19, 2015
12:16 EDTHLFFTC, 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, Childrenís 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.
May 18, 2015
12:12 EDTHLFHerbalife dips after FTC says to announce 'major consumer fraud' case
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