SHAREHOLDER ALERT: Investigation on Behalf of Herbalife Ltd. Investors Announced by Law Offices of Howard G. Smith
April 22 2014 - 10:32AM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims on behalf of investors of Herbalife
Ltd. (“Herbalife” or the “Company”) (NYSE:HLF). The investigation
concerns possible violations of federal securities laws, and
focuses on the Company’s business, operations and financial
performance.
Herbalife is a network marketing company that sells weight
management, nutritional supplement and personal care products
through a global network of independent-distributor “Members,” most
of whom are discount customers that purchase Herbalife products at
wholesale prices and resell the products to other consumers or
distributors. The investigation is related to allegations that the
Company’s distributors generate revenue by recruiting other
distributors rather than selling Herbalife’s diet and nutritional
products to the general public, and that the Company engaged in
deceptive trade practices and unduly pressured its Members to
purchase more products for resale.
If you purchased Herbalife securities between May 4, 2010 and
April 11, 2014, if you have information or would like to learn more
about these claims, or if you have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at www.howardsmithlaw.com.
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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