InvestorsHub Logo
icon url

MB3

01/08/13 2:33 PM

#492156 RE: Bunny #492155

FRAN coming into play again
icon url

Bunny

01/08/13 2:41 PM

#492157 RE: Bunny #492155

deer in head lights lol... dang it!
icon url

Tuff-Stuff

01/08/13 2:49 PM

#492158 RE: Bunny #492155

The pussssh is on, today was the day ya shoulda been a playing...figures huh
icon url

Tuff-Stuff

01/09/13 5:43 AM

#492221 RE: Bunny #492155

@CGasparino: FBN NEWS: Ackman believes he will be sued as early as thursday by herbalife; http://t.co/7y7LyS0p

Activist investor William Ackman is bracing for possible litigation from Herbalife (HLF), the nutrition company that he has labeled a “pyramid scheme” with a stock price that should fall to “zero,” FOX Business has learned.

Ackman’s attorneys believe the possible lawsuit could be filed at or before Herbalife is scheduled to hold its much-anticipated investor day in New York on Thursday.

At the heart of Ackman’s accusations is the charge that Herbalife makes the vast majority of its money through opaque deals with distributors who pay Herbalife fees rather than through the actual sales of products.

Ackman is calling for the Federal Trade Commission to close down Herbalife, alleging it’s an illegal pyramid scheme that will eventually implode once the company runs out of distributors to attract.

Read more: http://www.foxbusiness.com/investing/2013/01/08/ackman-braces-for-legal-battle-over-herbalife/#ixzz2HTRi2ati