Ackman New Herbalife Ltd. (HLF) Target: Kurt, Cindy O'Connell

Mark Melin

Published onMay 21, 2014

Updated on May 13, 2021

Bill Ackman is on the attack again. This time the activist hedge fund manager’s target is the couple of Kurt and Cindy O’Connell, independent business people operating out of Appleton, Wisconsin and Bonita Springs, Florida.

Ackman: Herbalife distributors targeted for their claims made in video

The O’Connells are featured on the web site www.HerbalifePyramidScheme.com and are used in Ackman’s attack against Herbalife Ltd. (NYSE:HLF). Ackman’s hedge fund, Pershing Square, has placed a $1 billion short bet against Herbalife in a high stakes battle to take the firm down. It has brought regulatory heat, as...

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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 New Herbalife Ltd. (HLF) Target: Kurt, Cindy O'Connell

Ackman: Herbalife distributors targeted for their claims made in video

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