The benevolent and wise FTC is out this morning with a favorable ruling for Herbalife. By their determination the company checks out.
No signs of a pyramid scheme here, folks. Carry on, nothing to see here.
Herbalife will be subjected to a $200 million dollar wrist slap, however, for misrepresentation claims.
What’s $200 million between friends like drugs and government?
Shares of HLF are going berserk premarket, currently indicating a +10% gap up on the open. Early reports from Montauk, New York of a grey-haired man running naked down the beach are beginning to surface.
but lets be honest, they totally are.
100%
Still no doubt
Maybe Ackman will increase his short position here.