Herbalife Ltd (HLF.N)
22 Jun 2017
* Herbalife nutrition announces new appointments to corporate leadership team
BOSTON, June 5 Herbalife Ltd has named a new acting general counsel in a wave of management changes as the nutrition and supplements company works to comply with a legal settlement with U.S. regulators last year over deceiving customers, according to a person familiar with the hiring decision.
BOSTON, June 5 Herbalife Ltd hired Rick Werber as its acting general counsel, a source familiar with the decision said on Monday.
BOSTON, June 5 Mark Friedman, Herbalife Ltd's general counsel who signed the nutrition and supplement company's 2016 settlement with U.S. regulators about deceiving investors, no longer holds that position, according to company documents and a person familiar with the development.
June 5 Herbalife Ltd said on Sunday it expects current-quarter revenue to fall more than previously expected, after sales were hurt amid efforts by the nutritional supplement maker to comply with regulatory requirements related to its business practices.
June 4 Nutritional supplement maker Herbalife Ltd on Sunday raised its current-quarter adjusted profit forecast and said it exceeded a key threshold under its agreement with the U.S. Federal Trade Commission.
* Herbalife to cut sales guidance; exceeds key FTC mandate - cnbc
June 4 Nutritional supplement maker Herbalife Ltd said it will lower its sales outlook for the current quarter before Monday's market open, CNBC reported Sunday.
* CEO Michael Johnson engaged in net exercise transaction involving 730,000 stock appreciation rights due to expire in Feb 2018 and Feb 2019 Source text for Eikon: Further company coverage:
BEVERLY HILLS, Calif., May 3 After years of discord with a prominent hedge-fund manager, a federal investigation and bad publicity, Herbalife Ltd Chief Executive Officer Michael Johnson is taking a victory lap.
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