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Herbalife Limited

A collection of news and information related to Herbalife Limited published by this site and its partners.

Top Herbalife Limited Articles

Displaying items 13-24
  • Herbalife faces Federal Trade Commission probe

    Herbalife faces Federal Trade Commission probe
    The Federal Trade Commission has launched a civil investigation into Herbalife Ltd., the Los Angeles-based nutritional-products maker said Wednesday. Herbalife did not disclose any details of the probe, but it has been waging an ongoing battle against a...
  • Holder says no bank 'too big to indict,' more financial cases coming

    Holder says no bank 'too big to indict,' more financial cases coming
    WASHINGTON -- Atty. Gen. Eric H. Holder Jr. said Friday that no bank is "too big to indict" and that the Justice Department has more cases coming involving "significant financial institutions" as it continues to investigate Wall Street misconduct. "I...
  • Ackman accuses Herbalife director of misleading recruits

    Ackman accuses Herbalife director of misleading recruits
    Activist hedge fund manager Bill Ackman continued his relentless attack on Herbalife, releasing a report that accuses millionaire Herbalife distributor John Tartol of misleading others into selling the company's nutrition products. Ackman's company,...
  • Former Woolworth's store in downtown L.A. set to sell at auction

    Former Woolworth's store in downtown L.A. set to sell at auction
    Remember five-and-dime stores? Ever want to own one? The former F.W. Woolworth Co. store on Broadway in downtown Los Angeles will be sold at auction on March 10. Bidding will start at $4 million, broker Auction.com said. The four-story building in the...
  • Herbalife shares tumble on word of Nu Skin investigation in China

    Herbalife shares tumble on word of Nu Skin investigation in China
    Herbalife Ltd. shares fell 10% Thursday after China said it would investigate whether multi-level marketing company Nu Skin Enterprises Inc. operates a pyramid scheme. The Chinese government said it would investigate Nu Skin one day after a newspaper in...
  • Disgraced celebrity money manager charged in new scheme

    A former money manager to the stars who went to prison in 2001 for stealing from his clients has been charged in a new fraud case. Prosecutors in New York say Dana Giacchetto used someone else's credit card to make more than $10,000 worth of...
  • Herbalife under FBI investigation; shares tumble

    Herbalife under FBI investigation; shares tumble
    Shares of Herbalife Ltd. suffered their biggest loss in more than a year Friday following a report that criminal authorities are investigating the Los Angeles nutritional products company. The FBI has launched a criminal investigation of Herbalife and...
  • Dietary supplements: The deadly toll of deregulation

    Dietary supplements: The deadly toll of deregulation
    Here's the bad news: A dietary supplement named OxyElite Pro is still apparently making people sick, more than a year after the Hawaii Department of Health was alerted to seven cases of acute hepatitis and liver failure among its users. As of last...
  • Herbalife marketing practices said to be target of FBI probe

    Herbalife Ltd,, the company that hedge fund manager Bill Ackman has accused of being a pyramid scheme, is being probed by the Federal Bureau of Investigation, according to a person familiar with the matter. Federal authorities are looking into the...
  • KPMG auditor should get 3 years for insider trading, prosecutors say

    KPMG auditor should get 3 years for insider trading, prosecutors say
    Prosecutors want former KPMG auditing partner Scott London to serve three years in federal prison for giving confidential information about his firm’s clients to a friend, who used the tips to make more than $1 million in illegal stock-trading...
  • FTC opens inquiry into Herbalife

    FTC opens inquiry into Herbalife
    The rancorous battle over Herbalife's business practices took a critical turn as the company revealed that it is being investigated by the Federal Trade Commission. Herbalife did not reveal details of the probe, but the Los Angeles nutritional...
  • Federal investigation targets L.A.-based Herbalife

    Federal investigation targets L.A.-based Herbalife
    The Justice Department and FBI have opened an investigation of Los Angeles nutritional products company Herbalife Ltd., which has been fighting critics who say it's operating an illegal pyramid scheme. Law enforcement sources confirmed the...