Pershing Square is not giving up in its two year (or so) campaign against Herbalife Ltd. (NYSE:HLF). Bill Ackman is presenting today “The American Dream Denied: Herbalife Victims Speak Out”, we are not sure how long the presentation will last but expect a few hours.
Ackman writes:
HLF claims it cleaned up its act after we exposed its fraudulent business model. The former Herbalife distributors we spoke with ? all of whom recently pursued the Herbalife business opportunity in their communities throughout the U.S. ? tell a different story. Each of these distributors, who are among the 2 million others who drop out of HLF every year, left the business after realizing that what they had been promised was a lie.
So far some of the reactions….
This Ackman presentation is like watching a poorly funded Univision soap opera
— Dan Hurley (@ApexHurley) February 9, 2016
Remember the last time Ackman had a big $HLF party and cried a little? Well he’s throwing another one https://t.co/5Fx44ezFwg
— Linette Lopez (@lopezlinette) February 8, 2016
$VRX “Ackman asked Pearson, “Mike, is there any fraud going on at the company?” Pearson said he didn’t know of any fraud.” = PSQ’s due dilly
— MotherCabriniPreys (@MotherCabriniNY) February 8, 2016
What Bill Ackman Learned In 2015 https://t.co/SALDFb5GnR #hedgefunds #CorpGov @WillauerProsky @activiststocks
— ValueWalk (@valuewalk) February 4, 2016
Larry Fink politely tells Bill Ackman to “MYOB, it’s handled.” https://t.co/JQprDT3Teg pic.twitter.com/2fO1SRFsDd
— Linette Lopez (@lopezlinette) February 2, 2016
Via Facts About HLF
See the full video below.