Herbalife (HLF) FTC Settlement a 'Total Defeat' for Short Camp; Sees Massive Short Squeeze - Pivotal's Ramey

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Herbalife and the Federal Trade Commission Reach Settlement Agreement

July 15, 2016 8:27 AM EDT

Settlement Does Not Change Herbalifes Business Model as a Direct Selling Company

Herbalife Board of Directors Frees Carl Icahn to Acquire Up to 34.99% of the Companys Outstanding Common Shares

LOS ANGELES--(BUSINESS WIRE)-- Global nutrition company Herbalife Ltd. (NYSE: HLF) (Herbalife or the Company) announced it has reached a settlement agreement with the Federal Trade Commission (FTC or the Commission) resolving the FTCs multi-year investigation of the Company. The terms of the settlement do not change Herbalifes business model as a direct selling company and set... More