Herbalife Responds To Statements Made by Bill Ackman
View Herbalife International Profile
4/16/2015
April 13, 2015 LOS ANGELES--Herbalife 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.”