Herbalife

Herbalife headquarters in Carson, CA, on Aug. 2, 2014. Getty Images / Wolterk

NEWS IN BRIEF

Herbalife Nutrition appoints new lead board director

By Mary Ellen Shoup

Herbalife Nutrition's board of directors has elected James Nelson (former CEO of the publicly-traded real estate investment trust Global Net Lease Inc.) as its new lead director, effective immediately.

Herbalife stock at all time high after Ackman throws in towel

Herbalife stock at all time high after Ackman throws in towel

By Hank Schultz

Activist investor Bill Ackman has reportedly exited his short position on Herbalife, ending a high profile, multi-year attempt to drive down the company’s stock price with allegations that its business model constituted an illegal pyramid scheme.

Herbalife earnings recovering after FTC fine, restructuring

Herbalife earnings recovering after FTC fine, restructuring

By Hank Schultz

Herbalife says it is successfully emerging from the pall cast by an investigation and subsequent fine levied by the US Federal Trade Commission. The network marketing giant said fourth quarter earnings showed that business is trending back up after taking...

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