NEW YORK, March 22, 2016 /PRNewswire/ -- Levi &
Korsinsky, LLP is investigating Herbalife Ltd. ("Herbalife" or the
"Company") (NYSE: HLF) in connection with possible violations of
federal securities laws by the Company and/or certain officers and
directors.
To get more information, click here:
http://zlk.9nl.com/herbalife-hlf. There is no cost or
obligation to you.
On March 1, 2016, Herbalife
disclosed that the Company identified errant information regarding
its new "Active New Member" metric that was provided on certain of
the Company's 2015 earnings calls. The Company began tracking this
non-financial metric in 2015 in connection with certain marketing
plan changes and discussed it for the first time during its second
quarter 2015 earnings call. However, database scripting errors led
to both (i) the errant inclusion of additional categories of data
in calculating the metric for parts of 2015 which were not included
in the 2014 and prior period calculations and (ii) quarterly
aggregation issues which created variances from period-to-period
depending on when the greatest level of activity occurred during
the relevant period.
If you own common stock in Herbalife and wish to obtain
additional information, please contact Eduard Korsinsky, Esq. either via email at
ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit http://zlk.9nl.com/herbalife-hlf.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, California, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP