Herbalife Ltd. Fires Back Over Ackman’s Payments To Whistleblower

After more than a year of being attacked by Pershing Square Capital CEO Bill Ackman, Herbalife Ltd. (NYSE:HLF) must be thrilled to have found something it can use to push back. Now that the deal between Ackman and former Herbalife executive Giovanni Bohorquez has been made public, Herbalife wants to know how else Ackman has spent $20 million during this campaign.

Ackman indemnified Herbalife whistleblower

The first rumors that someone inside Herbalife Ltd. (NYSE:HLF) was talking to the press came out earlier this month, when Fox Business News correspondent Charlie Gasparino reported a rumor that ABC...