Herbalife Ltd. Is Focus Of FBI, DOJ Investigation, Shares Crash [REPORT]

Herbalife Ltd. (NYSE:HLF) shares dropped more than 10% as trading drew to a close on Friday afternoon. According to a report by Dan McCrum and Kara Scannell in the Financial Times the company is the target of a criminal probe led by the US Department of Justice and the Federal Bureau of Investigation.

According to Dan McCrum and Kara Scannell who wrote the report for the Financial Times, the investigation is centered in the US attorney's office in Manhattan. The Financial Times reinforced that the company may never see any charges as a...