Shares of HLF are halted for trade, news pending.
Montauk Bill Ackman is short to the tune of $1 billion dollars and is now underwater on this position, after driving HLF down into the $20’s.
Is an Icahn bid coming?
Stay tuned.
UPDATE: It appears HLF might name a new auditor. False alarm.
UPDATE II: PWC will serve as new accounting firm for HLF.
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PWC
Jewish kids, off the playground.
IEP is rocking for sure.
PWC and ENY are the only two out of the big four that should be considered. D&T and KPMG tend to focus too much on hiring a diverse workforce, as opposed to hiring a skilled workforce. A young D&T partner should expect to pull down 50% of what a young PWC partner rakes in per annum.