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herbalife News

How a mother's love prevailed: The Suzan Hughes story Commissioned

Suzan Hughes, long-time ex-wife of deceased Herbalife founder Mark Hughes, recently won a 12-year legal battle against the trustees of her late husband's $399 million estate.

U.S. launches probe into weight loss company Herbalife

New York - U.S. authorities have opened a criminal probe into the nutrition and weight loss company Herbalife Ltd., according to media reports Saturday.The New York Times reported that sources said the case has been under investigation for several months.

Herbalife gives Icahn more seats, small NU Skin fine lifts stock

Herbalife Ltd said it is giving three more board seats to Carl Icahn, its biggest shareholder, at a time short-sellers are attacking the nutrition and weight loss company's busine...

Republican lodges ethics complaint against rival over Herbalife

The Massachusetts Republican candidate for Democratic U.S.

Herbalife faces FTC inquiry after activist campaign

New York - The US Federal Trade Commission has opened a civil investigation into Herbalife, the nutritional products marketer announced Wednesday.Herbalife, which has been accused for more than a year by activist investor William Ackman of running a pyramid schem...

Herbalife says FTC opens inquiry long sought by Ackman

Herbalife Ltd said on Wednesday that the U.S.

Ackman accuses Herbalife of breaking laws in China

Hedge fund manager William Ackman renewed his attack on Herbalife on Tuesday and said he has evidence the U.S.-based nutrition and weight loss company is breaking direct-selling laws in China, its ...

Ackman to renew attack on Herbalife with aim on China business

William Ackman's hedge fund Pershing Square Capital Management LP said it would unveil on Tuesday details about Herbalife Ltd's <HLF.N> violations in China as the activist investor sharpened his attack against the nutritional products...

Ackman outspent by Herbalife in lobbying battle

Hedge fund manager William Ackman, who is betting $1.16 billion that Herbalife is a fraud, spent $264,000 last year on lobbyists to press his case against the company, according to government docum...

Herbalife executives head to DC to explain business model

Herbalife executives will meet with U.S.

Herbalife raises forecast as China drives fourth-quarter sales

Herbalife Ltd <HLF.N>, the nutrition products company accused by billionaire investor William Ackman of being a pyramid scheme, raised its forecast for the first quarter of 2014 on strong sales growth in China.

Herbalife hires new auditors

Last month KPMG decided to resign as Herbalife's independent auditor after one of its partners was found providing illegal stock tips to a friend about clients of the firm, which included Herbalife.

CEO of Herbalife accused of running pyramid scheme

Michael Johnson, the top executive at Herbalife Ltd. reassured shareholders on Friday that his company is not a pyramid scheme.

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