Herbalife (HLF -11.9%) CEO Michael Johnson responds to Bill Ackman's accusation that the company...

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

Herbalife (HLF -11.9%) CEO Michael Johnson responds to Bill Ackman's accusation that the company is a 'pyramid scheme' countering that Ackman is improperly trying to manipulate Herbalife's stock and the SEC should take action. Johnson says company is a legitimate business with "millions of customers" and real business model. Ackman's short is about his own business model, not about HLF's. (video)