Herbalife plunges on DOJ/FBI probe report

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

The FT reports the DOJ and FBI have joined the list of government agencies probing Herbalife (HLF -13.8%). Shares have nosedived in response.

Herbalife says it has "no knowledge" of any DOJ or FBI investigation, and hasn't received any requests for information from the agencies.

Herbalife received an FTC inquiry notice last month, and a U.S. senator sent letters to the FTC and SEC in January requesting investigations.