Ackman Targets Another Herbalife Ltd. (HLF) Distributor

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Mark Melin
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Updated on

The William Ackman / Pershing Square Capital Management attack team is at it again, taking on another Herbalife Ltd. (NYSE:HLF) independent distributor. This time the target is Russell Gain, a Herbalife Ltd. (HLF) distributor since the 2000s and a member of the President’s team. In the Pershing Square operated website, HerbalifePyramidScheme.com, Gain is profiled using words and phrases that would get the hair to stand on the back of many compliance executives. Herbalife Ltd. (NYSE:HLF) distributor Gain on ’60 minute money’ For instance, the Ackman-backed web site notes that Gain used his own web site, titled “60 Minute Money,”  sought…

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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