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Herbalife Company Statement Regarding Ackman Allegations
Here's what we know:
- An extraordinary number of puts on our stock are due to expire this Friday. We previously learned this activity was pegged to some kind of "significant event."
Mr. Ackmansuddenly announced today that he will make a presentation on Herbalifeon Thursday, the day before the puts expire.
Our CFO this morning asked
Mr. Ackmanto allow us to participate in his presentation. Mr. Ackman declined.
We have been informed that
Mr. Ackmanhas shorted our stock for the past 7 to 9 months.
- Our stock dropped almost 15 percent today following Mr. Ackman's announcement.
We urge the
We've been in business for 32 years. We have millions of customers
worldwide. We don't pay to recruit distributors. And just today, we
We have one of the greatest health nutrition product lines in the world and a direct-selling business opportunity for part-time or full-time income.
We are incredibly proud of this company.
VP, Investor Relations
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