1. Lost Money
2. Lost reputation
3. Lost time
4. Lost selfesteem
Herbalife, the next to largest MLM scam on the planet, second only to Amway, has REALLY stepped in it, again. Bill Ackman, the FTC, and the new "Betting On Zero" movie all agree Herbalife is a scam. When a Washington, D.C. film festival showed the movie, an Herbalife lobbyist, bought half the ticket... read more
The activities in two very large states, and probably the two most influential states when it comes to Herbalife, are a tangled mess:
This week in the "life and death of Herbalife" was like a carnival ride, up and down, swinging wildly, around and around. Starting with a bit of sanity, here's Pershing Square's view on recent events, pay particular attention to the chart at the end: read more
While I would have preferred a shutdown/lawsuit ala Vemma, the FTC did take strong action against Herbalife, the second largest MLM scam I'm aware of, second only to Amway. Here's a light reading reading list, starting with higher-level overview type documents, and drilling down into more detailed ... read more
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... read more
Bill Ackman testified in front of the Senate Special Committee on Aging yesterday, to answer questions about Valeant. His written and verbal testimony tied Valeant to Herbalife, here's the written statement: http://www.aging.... read more
This video, which I believe was made immediately prior to Bill Ackman's December 2012 presentation, has been proven to be true over the past several years: http://www.bloomberg.com/news/videos/b/46d007aa-c1cb-48f2-... read more