Post Tagged with: "Herbalife"

Herbalife Comments on Illinois Inquiry – Shares Near Flat, Climb from Earlier Low of $54.03

April 18, 2014 at 8:55 pm

Herbalife (HLF) is out with a statement this afternoon commenting on earlier reports that the Illinois Attorney General has opened a probe into the company. Herbalife said, “We have more than 15,000 members and many more thousands of satisfied customers in Illinois. We will continue to provide the outstanding productsRead More

Herbalife Reportedly Being Probed By NY Attorney General, Shares Rise

April 18, 2014 at 8:32 pm

Shares of Herbalife (HLF) gained nearly 3% despite a New York Post report that New York Attorney General Eric Schneiderman is investigating claims the company operates a pyramid scheme. At least two witnesses have given Schneiderman’s investigators sworn testimony, according to unnamed sources cited by the Post. The New YorkRead More