The Traderszone Network

Published in TZ Latest News 30 March, 2015 by The TZ Newswire Staff

Ackman says shutting Herbalife down is key to him

Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd (HLF.N) of running a pyramid scheme, said on Monday that shutting down the company is “one of the most important things” he can do. Speaking at a meeting of the Council of Institutional Investors’ in Washington, Ackman said again that Herbalife has caused “enormous harm to a very vulnerable population” by targeting undocumented Latinos in the United States and other poor people.

read more