Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Intermediary third-party corporations have a duty to avoid committing crimes. Thus, those dealing with Herbalife have a duty to make sure they are not playing part in an illegal scheme now that they are on notice of the potentiality of such.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
I was defending myself from a personal attack made in light of the inability to refute the content of my article. I did not initiate a conversation about me. I responded and that should have been the end of it.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
But they then must stop continuing to be involved in the ongoing commission of the crime as well. They can't continue to distribute what they now know is crack cocaine just because they informed the police of my illegal conduct.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
I'm not sure how you owning shares disproves anything I've said in my article, but if it makes you feel better to say you have confidence, then I'm happy for you.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Why are you talking about me? The issue here is Herbalife and those companies that it relies on for its business. Your question proves the best you can do is try to smear me, and you have absolutely nothing to say to defend Herbalife or contradict the conclusions in my article.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
They have a duty to make sure they are not participating in a crime. That's why, in light of knowledge of the allegations that Herbalife is a criminal enterprise, they now have a duty to investigate Herbalife and, should they determine it is indeed a fraud, cease all involvement therein.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
It's unethical for an attorney to restrict what her client does with the work product produced for that client. Opinion letters are written for the express purpose of being produced to support the client's reasonableness in belief regarding a question of law. Your arguments regarding waiver of privilege are legitimate, but such happens in the normal course of many investigations and litigations.
The bottom line is Herbalife executives say over and over again that they are a legal business, yet they do not cite or put forth any attorney who supports that conclusion. Thus, third parties doing business with Herbalife must retain their own attorneys to ensure they are not involved with an illegal business. Failure to do so is a breach of their fiduciary duty to shareholders.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
It's not sad, it's confirmation that the best they can do is attack the messenger, because they have nothing to refute the message itself. By attacking me personally, they've verified the truth of what I've said, and I thank them for that.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
They have a duty to investigate triggered by notice of the facts supporting the allegation. If upon investigation they determine the activity they are involved with could be criminal, they have a duty to cease all such involvement.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
If you're going to rely on self-serving statements by HLF which are not auditable, then we cannot have a conversation, as that's pure religious belief you have, and not fact.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Why not just tell the story publicly, Alan? James, the issue Alan has with me is that I bought a stock at 2.90 because I thought it was undervalued. I then published an article explaining my opinion. In response to my article, the stock went to 3.60, which was more than I thought it was worth. So, I sold my shares and in fact took a short position. I then published a second article explaining my opinion. Alan and others claim I violated the law, Seeking Alpha policies, and ethics by doing so, when I did none of those things. Seeking Alpha editors even confirmed everything I did was appropriate. Many people, including Alan, accused me of changing my mind, when I absolutely did not. I always felt the stock was worth about 3.20, and merely changed my position when the market price changed.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Yes, I agree the loss of the credit facility would be perhaps one of the biggest crippling events possible, although de-listing by NYSE would perhaps be the most deadly of all.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
The bottom line is Herbalife executives say over and over again that they are a legal business, yet they do not cite or put forth any attorney who supports that conclusion. Thus, third parties doing business with Herbalife must retain their own attorneys to ensure they are not involved with an illegal business. Failure to do so is a breach of their fiduciary duty to shareholders.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
As for James question, I don't see one. All I see are conclusory rants.
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Anything else you want to add Alan?
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]
Might Other Companies Be Liable If Herbalife Is A Pyramid? [View article]