ADVOCACY GROUPS SEEK GOVERNMENT INTERVENTION TO PROTECT COMMUNITY AGAINST HERBALIFE LTD. (NYSE:HLF) PYRAMID SCHEME
For Planning Purposes:
February 5, 2014
LULAC Joins Coalition of Latino Groups and Consumer Advocates from Across the Country to Demand Action
Washington, DC–The League of United Latin American Citizens (LULAC), the nation’s largest and oldest civil rights volunteer-based organization, will join with minority and consumer advocacy groups in a press conference to call on government regulators and Members of Congress to stop the victimization of our community.
At the press conference, the coalition will address the specific concerns of Herbalife’s business practices and why regulators and Members of Congress should investigate the company’s business operations. The groups will then meet with legislators from their home states to discuss their concerns about Herbalife.
The coalition believes that Herbalife Ltd. (NYSE:HLF) uses deceptive business practices to target minority groups, particularly Latinos, with false promises of wealth and success. In reality, the vast majority of Herbalife participants earn no income from the company and most even end up losing money.
WHO: LULAC, The National Consumers League, Hispanic Federation, MANA, Make the Road, Community Association of Progressive Dominicans Inc, Centro Sin Fronteras, Northern Manhattan Coalition for Immigrant Rights, Federacion de Michoacanos, Center for Latino Progress, Hartford Schools, Hartford Areas Rally Together, Union of Minority Neighborhoods, Chelsea Collaborative, Coalition for Humane Immigrant Rights of Los Angeles (CHIRLA), Vamos Unidos, BraceroProa Binational Alliance, Southern Christian Leadership Conference of Southern California
WHAT: Coalition calls for investigation of Herbalife Ltd. (NYSE:HLF) business operations
WHERE: LULAC, 1133 19th Street, NW, Suite 1000, Washington, DC
WHEN: Wednesday, February 5, 2014, 11:00 a.m.
*Members of the organizations and victims of Herbalife will be available for interviews upon request.
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The League of United Latin American Citizens (LULAC) is the nation’s largest and oldest civil rights volunteer-based organization that empowers Hispanic Americans and builds strong Latino communities. Headquartered in Washington, DC, with 900 councils around the United States and Puerto Rico, LULAC’s programs, services and advocacy address the most important issues for Latinos, meeting critical needs of today and the future. For more information, visitwww.LULAC.org.