Short Seller Sues Banks, Icahn Over Support of Herbalife (HLF) (BAC) (JPM)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/29/2026
Go back to Short Seller Sues Banks, Icahn Over Support of Herbalife (HLF) (BAC) (JPM)
March 12, 2013 10:34 PM EDT
Despite Carl Icahn continuing to accumulate shares of Herbalife (NYSE: HLF) in an attempt to create a short squeeze, hedge fund manager Bill Ackman of Pershing Square Capital will be able to sleep a little better tonight knowing that a major consumer protection organization is calling for an FTC investigation of the company.
The National Consumers League (NCL) today urged the Federal Trade Commission (FTC) to investigate recent allegations from Pershing Square that... More
March 12, 2013 5:41 PM EDT
In SEC filings dated March 8th, activist investor Carl Icahn announced he added 322,716 shares to his significant holdings in disputed stock Herbalife (NYSE: HLF). The latest purchase takes Icahn's total holdings to 16,355,131 shares, or approximately 15.9 percent stake in the company.... More
March 12, 2013 7:27 AM EDT
Looking to shed the "pyramid scheme" moniker, Herbalife (NYSE: HLF) is said to be severing ties with online recruiters which have been called "questionable" in the past.
According to the NY Post, Herbalife is trimming its approved online recruiter list from something in... More
March 12, 2013 6:29 AM EDT
Herbalife (NYSE: HLF) is lower Tuesday following an update to short positions on its common stock.
Short interest fell 3.5 percent from the middle through end of February to 32.43 million shares, or 31.97 percent of float. The data is in addition to a 1.72... More
