Pivotal Research Comments on Herbalife's (HLF) 10-Q and FTC Disclosure
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Herbalife (HLF) FTC News May Be Death Knell, Not Saving Grace - Blogger
May 9, 2016 12:58 PM EDTHerbalife (NYSE: HLF) is modestly lower Monday (1.6%) as the FTC news, seen as positive last week, may be a death knell, according to a... More
UPDATE: Herbalife (HLF) Says Talks With FTC Have Progressed to Advanced Stage
May 5, 2016 4:37 PM EDT(Updated - May 5, 2016 5:28 PM EDT)
(Updated)
Herbalife (NYSE: HLF) said talks with the FTC have progressed to an advanced stage, according to Bloomberg, citing an email statement.
"While there are a number of open issues, those discussions have progressed to an advanced stage and the range of outcomes now includes litigation or settlement. If a settlement is reached with the FTC, it would likely include injunctive and other relief as well as a monetary payment with our best estimate of a payment being $200 million," the company told... More
