Herbalife Won't Be Attending Ackman Movie Premier Tomorrow

One movie premier Los Angeles-based Herbalife CEO Michael Johnson will not be attending is Bill Ackman’s producer debut in the “documentary” about the nutrition company.

Documentary on Herbalife is really "advertisement"

Getting the jump on Ackman’s Friday premier of what Herbalife Ltd. (NYSE:HLF) is calling an “advertisement” designed to bring down a 34-year old company, Herbalife issued a statement deriding Ackman’s efforts.

“Ackman has spent more than $20 million to date on his campaign against Herbalife,” the statement said. “Herbalife views the release of this advertisement posing as a “documentary” as nothing more than propaganda. The company believes this...