Herbalife

SEC Investigating Ackman Herbalife Insider Trading Claim

FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that the Securities and Exchange Commission (SEC) is looking into Hedge Fund Manager Bill Ackman’s claims on Herbalife Ltd. (NYSE:HLF) stock manipulation.

SEC Investigating Ackman Herbalife Insider Trading Claim

On Hedge Fund Manager Bill Ackman wanting the SEC to look into Herbalife for stock manipulation

Sources are telling the FOX Business Network that the SEC, the Securities and Exchange Commission, is looking into these claims. Is it a new part of the investigation – remember they already have an investigation going on about Ackman – his claims about Herbalife Ltd. (NYSE:HLF) – he thinks it’s a pyramid scheme. He thinks it’s a stock that essentially the company is not disclosing the true nature of its value. He’s been in contact with the SEC. That investigation is ongoing and from what I understand they are looking at these claims that he believes  that there’s stock manipulation here.”

LEAVE A COMMENT


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required


Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 20 subscribers take advantage whichever comes first – please do not share this discount with others

 

0