herbalife
Herbalife, Amway and Mary Kay: How multi-level marketing 'pyramid schemes' are bankrupting America
A new book details the multi-billion dollar multi-level marketing industry in America.
Kamala Harris disregarded staff recommendation to investigate 'pyramid' scheme — while husband's firm repped the brand
An internal memo shows Harris was urged to investigate Herbalife by her California AG staff while her husband worked for the law firm representing it.
Adani Group allegations 'highly credible,' similar to Herbalife: Bill Ackman
Ackman said Adani Group's response to the allegations "speaks volumes."
TikTok 'homemade' fluoride-free toothpaste trend has dentists sounding the alarm
Dentists are warning health-conscious Australians to avoid homemade and fluoride-free toothpaste if they want to avoid issues with their teeth.
Malibu Herbalife mansion sells for $8.3M to 'Bling Empire' linked club
Top independent Herbalife distributor Lori Tartol has reportedly sold the six-bedroom property with an ocean view to the Society 1 club, represented by Netflix star Kane Lim.
Herbalife evangelist lists $8.5 million Malibu mansion
This Malibu mansion was the picture of success for potential Herbalife recruits.
Herbalife stock soars as Carl Icahn sells, says 'role as activist not needed’
Carl Icahn has always been good to Herbalife, even on his way out the door. Shares of the nutritional supplement seller soared as much as 6 percent on Monday after...
Feds fine Herbalife $123 million for bribing Chinese officials
The feds fined nutritional supplement maker Herbalife about $123 million for running a decade-long bribery scheme to boost its business in China, officials said Friday. The penalties from two federal...
Pershing Square's Bill Ackman files for blank-check IPO
After making billions on the pandemic in March, Bill Ackman is on the lookout for a new investment. The founder and CEO of Pershing Square Capital Management has reportedly filed...
Herbalife's ex-CEO caught on tape in perks scandal
Herbalife shares lost their juice Thursday as fresh evidence emerged that the surprise exit of the supplement maker’s chief executive last month was spurred by a scandal over perks. A...
Herbalife stock takes a dive after CEO resigns
LOS ANGELES — Shares of Herbalife were down nearly 3 percent Wednesday morning after the resignation of CEO Richard Goudis over comments he made before he became the company’s top...
Herbalife shares crash after Icahn slashes his stake
After nearly six years of battling activist investor Bill Ackman, Carl Icahn has pared down his stake in Herbalife. The hard-charging billionaire said Friday that sold roughly a quarter of...
Ackman snipes at ex-nemesis Icahn during investor summit
So much for the bad blood dissipating between billionaire investors Bill Ackman and Carl Icahn post-Herbalife. Ackman, his ego apparently still bruised from his failed $1 billion bet against Herbalife,...
Bill Ackman concedes defeat on Herbalife
Bill Ackman has finally cried uncle on Herbalife. More than five years after betting $1 billion that nutritional supplements company was a “pyramid scheme” and insisting its shares would go...
Herbalife is doing worse than originally thought
Herbalife reported weaker-than-expected results Thursday, sending its shares tumbling 6 percent in after-hours trading. The nutritional shake maker said North American sales fell 17 percent in the third quarter —...
Bill Ackman is finally cutting his losses on Herbalife
After nearly five years of punishing paper losses and mockery on Wall Street, Bill Ackman has finally given up his $1 billion short bet against Herbalife. The embattled hedge-fund tycoon...
Bill Ackman takes a hit from Herbalife short as stock soars
Bill Ackman found himself cornered and squeezed on Friday as shares of Herbalife soared to a nearly three-year high. The maker of nutritional shakes jumped 11.2 percent, to $75.25, after...
Stripper alleges analyst involved in Herbalife short raped her: suit
A Penthouse Executive Club stripper claims a prominent investment analyst -- who was instrumental in a $1 billion short sale against Herbalife -- raped her in a private dance room...
DeVos' family seeks deregulation of Amway so it can beat Herbalife
Betsy DeVos’ well-connected family wants Amway to get a leg up on Herbalife — and it’s pushing Congress to make it happen. The US education secretary’s Michigan-based family, which is...
Herbalife's stock jumps as it reveals it was in buyout talks
Carl Icahn just scored more than 100 million reasons to smile at the expense of Bill Ackman. Icahn bagged a one-day paper profit of $139 million on Monday as shares...