Seeking Alpha

Minority coalition presses harder for Herbalife investigation

  • A coalition of Latino and African American civil rights leaders is holding a press conference Friday outside the Ronald Reagan Building in L.A. to encourage California Attorney General Kamala Harris to launch an investigation into Herbalife's (HLF) business practices.
  • The group includes the League of United Latin American Citizens, the Southern Christian Leadership Conference and the Congress of Racial Equality.
  • The coalition will reportedly launch a 1-800 number to “allow victims to report their experiences."
From other sites
Comments (13)
  • Tom Shaughnessy
    , contributor
    Comments (1148) | Send Message
    If Icahn can't move for change, these people have even less of a chance.
    18 Oct 2013, 08:58 AM Reply Like
  • Sennin
    , contributor
    Comments (41) | Send Message
    As I said some time ago, it is only a matter of time that the FCC and other agencies collapse under racial-political pressure and initiate a full-on attack against Herbalife. After all Herbalife IS a pyramid scheme and it so happens that it takes advantage of the most vulnerable factions of our society, and since those factions (Blacks and Latinos) happen to hold a lot of political sway its curtains for Herbalife - just a matter of time. Needless to say with the Pyramid Lawsuit moving forward the momentum is gathering. Read the writing on the wall people: Herbalife is going DOWN!
    18 Oct 2013, 09:03 AM Reply Like
  • herbs4mike
    , contributor
    Comments (2085) | Send Message
    LOL..... Sure
    19 Oct 2013, 01:37 PM Reply Like
  • Matt Stewart
    , contributor
    Comments (1169) | Send Message
    18 Oct 2013, 09:03 AM Reply Like
  • Yteeld
    , contributor
    Comments (1149) | Send Message
    Another case of a rich white guy taking advantage of poor people to further his agenda. He now accomplishes what he accuses HLF of doing, exploitation of the disenfranchised. Since his thesis is stuck in neutral he now goes to exploiting minorities to push the needle. So sad that these people can not see how they are being used by Ackman. I'm quite sure that some investigating would find Pershing Square stirring the pot here.
    18 Oct 2013, 10:02 AM Reply Like
  • herbs4mike
    , contributor
    Comments (2085) | Send Message
    Actually, he is just paying them. They know what's happening. They've just been bought.
    19 Oct 2013, 01:38 PM Reply Like
  • Jeffjacobjames
    , contributor
    Comments (789) | Send Message
    OH JOY! Let's all jump on the "whine and complain" bandwagon! Aww, you didn't get rich n famous selling to your friends? You don't wanna put the blood, sweat and tears into running a business? You only made $100 dollars? $500? WAA! Let's have a show!


    I'm long $HLF!! Than you for another buying opportunity before Icahn takes this private! To the moon, Alice!
    18 Oct 2013, 10:39 AM Reply Like
  • singhoward
    , contributor
    Comments (2) | Send Message
    Many of the Top earners in Herbalife are Latinos because they are so good at the business. They do not use websites or Internet, just the good old fashioned way of helping people with their health and their wealth
    18 Oct 2013, 11:04 AM Reply Like
  • ash187
    , contributor
    Comments (222) | Send Message
    Herbalife supporters are almost as bad as scientologists
    18 Oct 2013, 11:22 AM Reply Like
  • herbs4mike
    , contributor
    Comments (2085) | Send Message
    @Ash..... I know nothing about Scientology, so I can't really say.... Too bad as ignorant as you are about Herbalife, you can't admit the same.
    19 Oct 2013, 01:40 PM Reply Like
  • barmen
    , contributor
    Comments (156) | Send Message
    just for the record, i need just 300 volume points to reach supervisor level.
    started it march, i expect mission to be completed in november.
    i have 13 clients, all of them are end consumers.


    i did not make any effort to find consumers, all of them found me.
    because i had 134 kilos, i have 92-94 kilos for months :) no yo-yo effect.


    it is so simple...
    18 Oct 2013, 01:07 PM Reply Like
  • knjimd
    , contributor
    Comments (42) | Send Message
    earning season must be right around the corner with all this re-hash stuff and Matt posting YAMAAH (Yet another misleading article about Herbalife) --- this is so predictable and disgusting that the shorts will go to great lengths to try and scare and misinform people -- do me a favor shorts and please comment on facts like Free Cash Flow, Quarterly Revenues, EPS, Future Guidance -- stop trying to misinform and hoping for a miracle from the FCC -- this has been vetted over and over -- you lost now just go quietly into your caves
    18 Oct 2013, 01:10 PM Reply Like
  • ale33is
    , contributor
    Comments (3) | Send Message
    One facts, is every body in Herbalife work more and more, and more than ever !
    20 Oct 2013, 10:21 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs