Herbalife announces public awareness website Herbalife announced a new website designed to highlight the positive impact Herbalife has had on the lives of the company’s members and customers. The site also addresses misperceptions that have been put into the market about its business model. The website is called iamherbalife.com and chronicles stories of people from across the United States whose lives have been improved through Herbalife’s products or the opportunity for financial empowerment. The company said the website also, "shines a light on the truth behind the allegations made by Pershing Square and the extraordinary lengths they have gone to in order to achieve their goal of driving down Herbalife’s stock price for financial gain."
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Herbalife 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