Herbalife Responds To Statements Made Today by Bill Ackman at Investor Summit in New York
LOS ANGELES--(BUSINESS WIRE)--
Herbalife (NYSE: HLF) today issued the following statement in response
to statements made today by Bill Ackman:
"There is simply no truth to Bill Ackman's statements and this is just
another stunt in his campaign, a campaign that is reportedly under
criminal investigation by the FBI and the Department of Justice, to
drive down the stock price in an effort to enrich himself and his
investors in advance of options expiring on Friday. Unfortunately we
have seen this pattern of activity before, especially before the third
Friday of each month, when certain options expire."
About Herbalife Ltd.
Herbalife Ltd. (NYSE:HLF) is a 35-year-old global nutrition company that
sells weight-management, nutrition and personal care products intended
to support a healthy lifestyle. Herbalife products are sold in more than
90 countries to and through a network of independent distributors. The
company supports the Herbalife Family Foundation and its Casa Herbalife
program to help bring good nutrition to children. Herbalife's website
contains a significant amount of financial and other information about
the company at http://ir.Herbalife.com.
The company encourages investors to visit its website from time to time,
as information is updated and new information is posted.
VP, Worldwide Corporate
Source: Herbalife Ltd.
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