Bill Ackman Launches Website Devoted To Herbalife Ltd. (HLF)

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Bill Ackman Launches Website Devoted To Herbalife Ltd. (HLF)

Bill Ackman’s Battle against Herbalife Ltd. (NYSE:HLF) is only just beginning. Ackman has accused the company of being a giant pyramid scheme. The company has threatened to sue Ackman and plans to host an investor day to rebutt charges from the manager of Pershing Square Capital. Bill Ackman has just responded with the launch of a new website, We have just received the announcement via email, and have posted more information below:

December 21, 2012, New York, NY – Pershing Square Capital Management, L.P. today announced the launch of  The Web site provides the public with information about Herbalife Ltd. (NYSE:HLF) including the source data that were used to create the presentation: “Who wants to be a Millionaire?”

The website includes Herbalife distributor presentations, recruiting scripts and presentations, distributor lifestyle videos, nutrition club photos, third-party investigative reports, Herbalife Today magazines, court hearing and deposition transcripts, archival video and other materials on the history of the company, lead generation systems, SEC correspondence, and other data that will assist the public in understanding the facts about Herbalife.

The website data were gathered by Pershing Square and its legal and other advisors from public domain sources over the last year.

About Pershing Square Capital Management, L.P.

Pershing Square Capital Management, L.P., based in New York City, is a SEC-registered investment advisor to private investment funds.  Pershing Square manages funds that are in the business of trading — buying and selling — securities and other financial instruments.  Funds managed by Pershing Square are short the stock of Herbalife Ltd.  Pershing Square may increase, decrease, dispose of, or change the form of its investment in Herbalife for any or no reason, at any time.

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