NEW YORK (AP) — Herbalife, the seller of supplements and weight-loss products currently under federal investigation as a potential pyramid scheme, overstated its worldwide membership growth in 2015.
Many of Herbalife's 300,000 Preferred Members are free memberships given to previously inactive accounts. Herbalife has been running the Preferred Member program in India since January 2017. Are these ...
What’s in a name? Herbalife’s 3.2 million distributors may soon find out. Herbalife CEO Michael Johnson said the nutritional supplements company will start classifying the vast majority of ...
Herbalife Ltd. said it misstated member growth figures in the past three quarters due to a database error. Herbalife shares dropped by 8.2 percent on Thursday after ...
Hedge fund investor Bill Ackman's week just got a whole lot better. The multi-level marketing company Herbalife (HLF), which Pershing Square Capital Management's Ackman contends is an illegal pyramid ...
Recent evidence shows HLF is using informal channels to hit previous non-financial disclosures. In particular they are going to extraordinary measures to get members to choose preferred status. I ...
Herbalife just made some big corrections to how many active members it actually gained last year. Shares fell by as much as 15% in premarket trading on Thursday after a regulatory filing showed that ...
BANGKOK--(BUSINESS WIRE)--Herbalife, a global nutrition company, has concluded its annual Asia Pacific Extravaganza 2017, held from May 19 to 21 in Bangkok, Thailand, to a rousing reception. As a ...
Herbalife Ltd. tumbled after saying it overstated the growth of its customer and distributor base, bringing another headache to a company facing a federal investigation into whether it’s a pyramid ...