SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Violations of Federal Securi...
March 03 2016 - 2:25PM
Business Wire
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”
metrix 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160303006466/en/
Levi & Korsinsky, LLPEduard Korsinsky, Esq.,
212-363-7500Toll Free: 877-363-5972Fax: 866-367-6510www.zlk.com
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