Herbalife Ltd (HLF.N)
WASHINGTON/NEW YORK Herbalife Ltd agreed to pay $200 million and change the way it does business to avoid being labeled a pyramid scheme by regulators, a blow to hedge fund manager Bill Ackman who for years has been betting against the dietary supplements maker. | Video
* Carl Icahn reports 18.32 pct stake in Herbalife as of July 15 - SEC filing Source text: (http://bit.ly/29WtBGk) Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
WASHINGTON/NEW YORK, July 15 Herbalife Ltd agreed to pay $200 million and change the way it does business to avoid being labeled a pyramid scheme by regulators, a blow to hedge fund manager Bill Ackman who for years has been betting against the dietary supplements maker.
* Herbalife and the Federal Trade Commission reach settlement agreement
WASHINGTON, July 15 Weight-loss products maker Herbalife Ltd has agreed to pay $200 million and restructure its U.S. business operations under a settlement with the Federal Trade Commission, the U.S. agency said on Friday.
July 15 Herbalife Ltd is expected to announce a settlement with the Federal Trade Commission, under which the regulatory body has determined that the weight-loss products maker is not a pyramid scheme, CNBC tweeted, citing Dow Jones.
NEW YORK, July 14 Billionaire investor Bill Ackman said on Thursday that he was still betting against Herbalife Ltd shares and that the company needed to make "material changes to its incentive structure."
NEW YORK, July 14 Bill Ackman said on Thursday that he's still betting against the shares of Herbalife Ltd and that the company needs to make "material changes to its incentive structure."
BRIEF-Pershing Square releases 11th video showing Herbalife's "false and misleading claims continue"
* Pershing Square says releases 11th in a series of videos showing Herbalife's "false and misleading claims continue"
BOSTON, June 20 Billionaire investor William Ackman revved up his campaign against Herbalife on Monday as investors await the outcome of a U.S. Federal Trade Commission (FTC) probe into the business practices of the nutritional supplements maker.
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