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Herbalife presents yet another version of its side of the Pershing Square story

Jul. 17, 2014 2:12 PM ETHerbalife Ltd. (HLF) StockHLFBy: Douglas W. House, SA News Editor46 Comments
  • Herbalife (HLF -1.2%) publishes an updated refutation of Pershing Square's statements questioning its business model and the satisfaction of its many distributors.
  • The company has created a website, iamherbalife.com, where Herbalife customers and distributors share their positive experiences.
  • The last statement in the main body of the press release concisely sums up its opinion of the affair: "Ultimately, Pershing Square's campaign is based on propaganda, and we look forward to demonstrating that its assumptions will crumble under serious and independent scrutiny."

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