Herbalife Statement in Response to Ackman Presentation
LOS ANGELES--(BUSINESS WIRE)--
The following is a statement from Herbalife in response to the Ackman
presentation. Today's presentation was a malicious attack on Herbalife's
business model based largely on outdated, distorted and inaccurate
information. Herbalife operates with the highest ethical and quality
standards, and our management and our board are constantly reviewing our
business practices and products. Herbalife also hires independent,
outside experts to ensure our operations are in full compliance with
laws and regulations. Herbalife is not an illegal pyramid scheme.
About Herbalife Ltd.
Herbalife Ltd. (NYSE:HLF) is a 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 80
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 information about Herbalife, including financial and other
information for investors 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.
SVP, Worldwide Corp. Comm.
VP, Investor Relations
Source: Herbalife Ltd.
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