Ackman Targets Another Ex Herbalife Ltd. (HLF) Distributor

Mark Melin

Published onJune 30, 2014

Updated on May 13, 2021

The promotional attack machine used to bring Herbalife Ltd. (NYSE:HLF) to its knees is now targeting Anthony Powell, one of the nutritional supplement company’s top distributors.

Ackman working to coax the stock of Herbalife

Using a web site operated by Pershing Square Capital to document issues in the Herbalife case to coax the stock of Herbalife Ltd. (NYSE:HLF) lower is not new for the activist hedge fund, as we have previously reported in ValueWalk.

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Ackman Targets Another Ex Herbalife Ltd. (HLF) Distributor

Ackman working to coax the stock of Herbalife

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