FTC Disturbed by Herbalife (HLF) Practices; No Official Probe Launched

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Herbalife (HLF) on Watch on Bill Ackman Headlines

July 8, 2013 1:33 PM EDT

Herbalife (NYSE: HLF) is on watch following headlines Pershing Square's Bill Ackman is planning to take a 5% activist stake in an unnamed large-cap company. The hedge fund manager is starting two special purpose funds to buy the stake, according to an investor... More

Herbalife (HLF) CEO Johnson Can't Calm Riled-Up Hispanic Caucus

July 1, 2013 9:25 AM EDT

Herbalife (NYSE: HLF) CEO Michael Johnson has been looking to cool the waters with the Congressional Hispanic Caucus, recently flying to Washington in order to stop a the group from requesting a Federal Trade Commission probe into the company. Unfortunately, it may... More