Contrary to analyst concerns, Herbalife (HLF +0.1%) doesn't expect the NYSE to start the process...

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

Contrary to analyst concerns, Herbalife (HLF +0.1%) doesn't expect the NYSE to start the process of delisting the company, as it's in compliance with the exchange's rules. In addition, KPMG's resignation as Herbalife's auditor won't cause the latter to default under its credit facilities. Meanwhile, the FBI is reportedly investigating the insider trading allegations that prompted KPMG to fire one of its partners.