Ackman to file SEC complaint following news of Soros Herbalife stake: NY Post

|About: Herbalife Ltd. (HLF)|By:, SA News Editor

Pershing Square plans to file an SEC complaint regarding recent trading in shares of Herbalife (HLF), the NY Post says.

Apparently at issue is whether other hedge funds are attempting to manufacture a short-squeeze which, if true, would amount to illegal stock manipulation.

The news comes on the heels of reports indicating George Soros has taken a large position in HLF.