Herbalife Director Predicts ‘Clean’ Audit Results

Mani

Published onOctober 16, 2013

Updated on May 13, 2021

Herbalife Ltd. (NYSE:HLF) Director Jeff Dunn is confident of ‘clean’ results when PricewaterhouseCoopers LP completes its audit.

Table of Contents

A fresh audit from PricewaterhouseCoopers has been initiated in May after KPMG indicated in April that its independence had been eroded and hence withdrew its audit reports for 2010, 2011 and 2012.

Bill Ackman’s allegations

Pershing Square founder Bill Ackman in his third quarter letter to investors claimed his company identified a substantial number of serious issues with Herbalife Ltd. (NYSE:HLF)’s accounting, disclosure, and tax policies, which Pershing...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Herbalife Director Predicts ‘Clean’ Audit Results

Bill Ackman’s allegations

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