Herbalife announced generally higher product volume numbers during their quarterly report on May 5, 2016, but also reported they are in deep doo-doo with the FTC and probably other agencies, federal and state. The stock went up about 9% based on the numbers, but whoever was trading the stock ignored other critical information: https://quoththeravenresearch.com/2016/05/06/herbalife-litigation-means-ftc-likely-alleges-pyramid-scheme-strong-sell-on-latest-disclosure/ It should be noted Herbalife’s prior quarterly report did not mention the probable $200 million fine (which should be considered a minimum), and also stated nothing could come of the FTC investigation, and now that option was taken off the table, leaving only an injunction or a contested lawsuit. This is a landmark case, as Herbalife is a huge MLM that is publicly traded, and comes on the heels of the Vemma smackdown.