Herbalife Ltd. (HLF) : Media Materially Misstates FTC Outcome, Icahn Files Potentially Questionable Statement with SEC

Herbalife Ltd. (NYSE:HLF) : Media Materially Misstates FTC Outcome, Icahn Files Potentially Questionable Statement with SEC by QTR

FTC Commissioner Ramirez stated during Friday’s 10AM press conference that press reports claiming the “FTC confirmed Herbalife to not be a pyramid scheme” were inaccurate
The misleading statement that “the FTC concluded Herbalife was not a pyramid scheme” was in an early morning Carl Icahn press release, subsequently filed with the SEC in a 13D/A
MLM attorney and advocate for the industry Kevin Thompson stated that this settlement “does not represent the end of the FTC process with Herbalife”
Adamant Herbalife long John Hempton noted on his blog and on Twitter that “If Herbalife is a pyramid scheme, the conditions imposed will...