Herbalife Ltd. (NYSE:HLF) just reported earnings here are the highlights per sources close to the company - no doubt Mr. Ackman would disagree. Speaking of Ackman here is a statement we got from opponents of HLF before we get to the company's comments.
From Illinois Herbalife (HLF) Campaign:
Illinois victims have lost millions to Herbalife’s misleading business practices and are concerned that nothing will change.
The FTC’s settlement requires Herbalife to fundamentally restructure its business, vindicating Illinois consumers that were defrauded by Herbalife. Despite the FTC-imposed historic fine of $200 million which also prohibits Herbalife from deceiving consumers to recruit distributors rather than sell actual products. There is real concern...
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