Pyramid Scheme

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...

Herbalife turns up pressure on Ackman

Herbalife turns up pressure on Ackman

By Hank Schultz

Network marketing giant Herbalife is bolstering its defense against activist investor Bill Ackman, who has stridently criticized the company as part of a campaign to profit from a short position on the company’s stock.

Herbalife shrugs off Ackman's latest pyramid scheme allegations

Herbalife shrugs off Ackman's latest pyramid scheme allegations

By Hank Schultz

William Ackman, the activist investor who has been attacking Herbalife’s business model for several years, has claimed that Herbalife’s mode of doing business does not differ materially from that of Vemma Nutrition, the network marketing company that...

Vemma makes changes to business model in response to Italian ruling

Vemma makes changes to business model in response to Italian ruling

By Hank Schultz

The network marketing sector has come under renewed scrutiny with the news that Vemma Nutrition, a multilevel marketing comany that markets beverages based in part on mangosteen juice, has been sanctioned by an Italian regulatory body for being a pyramid...

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