Ackman Continues Herbalife Ltd. Profiles With Two Chairman’s Club Members
Concerns about multiple investigations into its business practices sent Herbalife Ltd. (NYSE:HLF) shares plummeting a few months back, but the stock has been steadily regaining value since early April, recently passing $65, as investors have gotten over the surprise and mostly returned to the pro- or anti- positions they had already settled on. For his part, Pershing Square Capital Management founder Bill Ackman is continuing his campaign of profiling Herbalife Ltd. (NYSE:HLF)’s biggest distributors to call attention to what he calls a pyramid scheme . . .
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