pyramid scheme
Business
Herbalife Ltd. Surges Over 25 Percent; Ackman’s Death Blow Strike Fails
The stock price of Herbalife Ltd. (NYSE:HLF) surged more than 25% to $67.77 per share on Tuesday, its highest single-day gain in its history.
Some people were anticipating that the stock would decline as activist...
Business
Herbalife Ltd. (HLF) Stops Dividend, but Accelerates Stock Buyback
Herbalife Ltd. (NYSE:HLF) reported first quarter earnings results that outperformed the consensus estimate of Wall Street analysts despite ongoing regulatory investigations in connection with allegations that it is operating a pyramid scheme.
The seller of...
Business
Herbalife Ltd. (HLF) Hit With a New Probe from Illinois Atty. General
Herbalife Ltd. (NYSE:HLF), the multilevel marketing (MLM) company that sells nutritional and weight loss products accused of operating a pyramid scheme by activist investor Bill Ackman and a number of Latino activist groups continues...
Business
Herbalife Ltd. (HLF) Shares Drop 7 Percent over FTC Investigation
The stock price of Herbalife Ltd. (NYSE:HLF) dropped more than 7% to $60.57 per share after its disclosure that the Federal Trade Commission (FTC) launched a civil investigation against it.
The trading of the shares...
Business
Herbalife Ltd (HLF) Stock Spikes on Earnings, Guidance
Herbalife Ltd (NYSE:HLF), the controversial multilevel marketing (MLM) that sells nutritional and weight loss products reported that its profit increased during the fourth quarter of 2013, and raised its earning guidance for the fiscal...
Business
Herbalife Ltd. (HLF) Soars on Higher Earnings Estimates, Shares Buy Back
The shares of Herbalife Ltd (NYSE:HLF), the controversial multilevel marketing (MLM) company that sells nutritional and weight loss products surged more than 7% to $69.02 per share, but pulled back nearly one 1% during...
Business
Nu Skin Enterprises, Inc. (NUS) Plunges as China Probes Alleged Pyramid Scheme
The shares of Nu Skin Enterprises Inc (NYSE:NUS) plummeted significantly on Thursday on report that the Chinese government is investigating the business operations of the multilevel marketing company (MLM) due to allegations that it...
