Herbalife

Lulac Calls On Government To Stop Herbalife Ltd. (HLF)

ADVOCACY GROUPS SEEK GOVERNMENT INTERVENTION TO PROTECT COMMUNITY AGAINST HERBALIFE LTD. (NYSE:HLF) PYRAMID SCHEME

 

 Lulac Calls On Government To Stop Herbalife Ltd. (HLF)

For Planning Purposes:                                                                           Contact:  Paloma Zuleta

February 5, 2014                                                                                                     (202) 812-4477

 

LULAC Joins Coalition of Latino Groups and Consumer Advocates from Across the Country to Demand Action

Washington, DC–The League of United Latin American Citizens (LULAC), the nation’s largest and oldest civil rights volunteer-based organization, will join with minority and consumer advocacy groups in a press conference to call on government regulators and Members of Congress to stop the victimization of our community.

At the press conference, the coalition will address the specific concerns of Herbalife’s business practices and why regulators and Members of Congress should investigate the company’s business operations. The groups will then meet with legislators from their home states to discuss their concerns about Herbalife.

The coalition believes that Herbalife Ltd. (NYSE:HLF) uses deceptive business practices to target minority groups, particularly Latinos, with false promises of wealth and success. In reality, the vast majority of Herbalife participants earn no income from the company and most even end up losing money.

 

WHO:             LULAC, The National Consumers League, Hispanic Federation, MANA, Make the Road, Community Association of Progressive Dominicans Inc, Centro Sin Fronteras, Northern Manhattan Coalition for Immigrant Rights, Federacion de Michoacanos, Center for Latino Progress, Hartford Schools, Hartford Areas Rally Together, Union of Minority Neighborhoods, Chelsea Collaborative, Coalition for Humane Immigrant Rights of Los Angeles (CHIRLA), Vamos Unidos, BraceroProa Binational Alliance, Southern Christian Leadership Conference of Southern California

 

WHAT:          Coalition calls for investigation of Herbalife Ltd. (NYSE:HLF) business operations

 

WHERE:        LULAC, 1133 19th Street, NW, Suite 1000, Washington, DC

 

WHEN:          Wednesday, February 5, 2014, 11:00 a.m.

 

*Members of the organizations and victims of Herbalife will be available for interviews upon request.

 

# # #

About LULAC:
The League of United Latin American Citizens (LULAC) is the nation’s largest and oldest civil rights volunteer-based organization that empowers Hispanic Americans and builds strong Latino communities. Headquartered in Washington, DC, with 900 councils around the United States and Puerto Rico, LULAC’s programs, services and advocacy address the most important issues for Latinos, meeting critical needs of today and the future. For more information, visit
www.LULAC.org.

 

Comments (3)

  • tex2

    An even larger MLM scam targeting Hispanics is Amway. Google “stop the amway tool scam wordpress”

    February 4, 2014 at 12:31 pm
  • Rene E Porcile

    This FEAR propaganda is worthless. FTC has shut down companies that are illegal MLM’s while HLF has been heavily in the press.

    FTC, Ichan, Soros, Stiritz, Hedge Fund managers and Banks know HLF is a LEGAL MLM. HLF is a great company, write about that – Thank You

    February 4, 2014 at 1:25 pm
    • herbs4mike .

      rene…. They won’t stop. They have been bought by Ackman. So don’t expect this barrage to stop until the company is bought by Stiritz. After the money, that is making everybody corrupt, is taken off the table, this will all stop. Ackman will have lost his Billion dollars. He’ll stop promising people money, contributions, and the like, and then they’ll stop shooting arrows at us because there won’t be a monetary reason for them to continue.

      February 7, 2014 at 10:25 am

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Are you an intelligent investor?

ValueWalkPremium is a website and newsletter for smart investors like yourself. We focus on the latest hedge fund industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0