Herbalife Responds To Statements Made Today by Bill Ackman at Investor Summit in New York
April 13 2015 - 7:44PM
Business Wire
Herbalife (NYSE: HLF) today issued the following statement in
response to statements made today by Bill Ackman:
“There is simply no truth to Bill Ackman's statements and this
is just another stunt in his campaign, a campaign that is
reportedly under criminal investigation by the FBI and the
Department of Justice, to drive down the stock price in an effort
to enrich himself and his investors in advance of options expiring
on Friday. Unfortunately we have seen this pattern of activity
before, especially before the third Friday of each month, when
certain options expire.”
About Herbalife Ltd.
Herbalife Ltd. (NYSE:HLF) is a 35-year-old global nutrition
company that sells weight-management, nutrition and personal care
products intended to support a healthy lifestyle. Herbalife
products are sold in more than 90 countries to and through a
network of independent distributors. The company supports the
Herbalife Family Foundation and its Casa Herbalife program to help
bring good nutrition to children. Herbalife's website contains a
significant amount of financial and other information about the
company at http://ir.Herbalife.com. The company encourages
investors to visit its website from time to time, as information is
updated and new information is posted.
Herbalife Ltd.Julian CacchioliVP, Worldwide Corporate
Communications213-745-0519
Herbalife (NYSE:HLF)
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