The hits just keep coming to Herbalife (HLF -8.4%), as the shares sank into the close following...

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

The hits just keep coming to Herbalife (HLF -8.4%), as the shares sank into the close following the FTC's announcement that regulators have seized the assets of Fortune Hi-Tech Marketing, alleging the company is a pyramid scheme. Although HLF wasn't mentioned in the announcement, Fortune Hi-Tech's Chief Analytics Officer, Simon Davies, worked at Herbalife for 11 years and was the company's Director of Internal Audit.