New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 17, 2014
13:46 EDTHLFHerbalife says 'stands behind quality' of products
Herbalife issued the following statement regarding the strength and integrity of its business: "Herbalife has the utmost trust in the integrity of our business model and that we are in compliance with all applicable laws and regulations. We are cooperating fully with the FTC and welcome the opportunity to clear up misinformation in the marketplace. Herbalife stands behind the quality of our products and our commitment to member satisfaction and consumer protection. Herbalife continues to face an unprecedented and unrelenting attack from Pershing Square to support its $1B bet to manipulate and drive Herbalife's stock price to zero to the detriment of our investors, members, customers and employees. Herbalife is confident that the facts are on its side and that it will overcome Pershing Square's campaign of misinformation about the Company as the truth about Pershing Square's increasingly desperate accusations is revealed. Attacks on Herbalife have been clearly orchestrated by Pershing Square and its agents. Pershing Square's attack on the Company lacks any impartiality or accountability. Pershing Square has no duty to any member of the public and is unhindered by the disclosure obligations imposed upon publicly traded corporations. With Pershing Square's limited accountability, in light of the historical regulatory scrutiny placed on Herbalife, it has made the astonishing claim that it is a "provable certainty" Herbalife is a massive, sprawling fraud that had gone undetected for more than 30 years. Pershing Square is claiming that decades of Herbalife management, and a material number of members had all kept this secret.Pershing Square has admittedly spent more than $20B and 18 months trying to find former Herbalife members from as far back as 2008 that will complain about their experience with the Company. In fact, Pershing Square has even been willing to pay multi-million dollar bounties to anyone willing to generate negative publicity against Herbalife and support Pershing Square's agenda. The reason why Pershing Square has so few relative voices is because, as demonstrated through third party studies, the overwhelming majority of our members have been very satisfied, and we are proud of that track record. In fact, Pershing Square's own well-financed campaign to find dissatisfied customers has actually largely validated our consumer reputation. Ultimately, Pershing Square's campaign is based on propaganda."
News For HLF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 27, 2015
05:47 EDTHLFStocks with implied volatility movement; HLF ALTR
Subscribe for More Information
April 23, 2015
11:08 EDTHLFHerbalife confirms to Bloomberg 2% price increase in U.S.
Subscribe for More Information
07:41 EDTHLFHerbalife price target raised to $50 from $42 at Canaccord
Subscribe for More Information
April 15, 2015
08:02 EDTHLFHerbalife members to meet with members of Congress
Today, 19 independent members from global nutrition company, Herbalife will be in Washington, D.C. to educate their congressional representatives about Herbalife and how their lives have been improved since becoming involved with Herbalife. The members are visiting Washington, D.C. from California, Illinois, Louisiana, North Carolina, Maryland, South Dakota, and Tennessee. The members are in DC to talk about Herbalife’s science-based nutrition products and the benefits they’ve received from using the products. Additionally, the members will speak with congressional offices about the income-generating opportunities that are available to Herbalife members through hard work and continued dedication.
April 13, 2015
19:45 EDTHLFHerbalife says there is 'no truth to Bill Ackman's statements'
Subscribe for More Information
08:01 EDTHLFHerbalife names Czech gastroenterologist to Nutrition Advisory Board
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use