NY AG joins the Herbalife inquiry crowd

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

New York Attorney General Eric Schneiderman launches an investigation into Herbalife (HLF -2.9%) to determine if its business is a pyramid scheme.

The state has the fourth highest number of distributors in the U.S.

Last week the DOJ and FBI started their own inquiries.

This was corrected on 04/15/2014 at 12:42 PM. The DOJ and FBI did not formally announce their investigations into HLF.