Herbalife Ltd (HLF.N)
26 Mar 2015
March 20 - The hedge fund firm run by activist investor William Ackman said on Friday a federal judge's recent dismissal of a shareholder lawsuit against Herbalife Ltd did not "exonerate or bless" its business practices.
March 18 - Herbalife Ltd won the dismissal of a lawsuit that claimed the maker of weight-loss and nutritional products fraudulently portrayed itself as a legitimate company, and that shareholders lost money because it was actually an illegal pyramid scheme.
March 18 - Herbalife Ltd has won the dismissal of a lawsuit that claims shareholders lost money because the maker of weight-loss and nutritional products portrayed itself as a legitimate company when it was actually an illegal pyramid scheme.
NEW YORK - U.S. authorities investigating potential manipulation of Herbalife Ltd's shares by consultants working for billionaire investor William Ackman will find it difficult to prove that false statements were deliberately made to drive down the company's value, securities lawyers said.
March 13 - Billionaire investor Bill Ackman said some people hired by a consulting group working for his hedge fund had received subpoenas from federal agencies investigating possible manipulation of Herbalife Ltd's stock.
BOSTON - Billionaire investor William Ackman has purchased a five percent stake in Valeant Pharmaceuticals , his hedge fund said on Monday, making him the Canadian drug company's fifth-largest stakeholder.
BOSTON, Feb 28 - Herbalife Ltd cut the pay of Chief Executive Michael Johnson 36 percent for 2014 after the nutrition and weight loss company failed to meet performance goals set for him and other top executives, according to a securities filing on Friday.
BOSTON, Feb 17 - Three of the top 20 investors in Herbalife Ltd liquidated their positions during the fourth quarter when the nutrition and weight loss company missed Wall Street earnings estimates, but Soros Fund Management increased its holdings by roughly 80 percent, regulatory filings show.
CHICAGO, Jan 13 - Two years after first accusing the U.S.'s Herbalife Ltd of fraud, billionaire investor William Ackman reiterated on Monday that he expects the nutrition company's stock price to collapse to zero and said it would happen within a year.
BOSTON, Jan 9 - William Ackman is putting his money where his mouth is.
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