Herbalife To Re-Train Distributors Not To Say Products Cure Brain Tumors

Herbalife To Re-Train Distributors Not To Say Products Cure Brain Tumors

When you go to a meeting to learn more about potentially joining a multi-level marketing organization, you expect to hear testimonials about how the product has changed lives. You should not expect to hear about how the company’s products have cured brain tumors and performed other impossible feats. At least, that’s what Herbalife says after undercover reporters from ABC News filmed Herbalife distributors doing just that. [More]

FTC Investigating Herbalife

FTC Investigating Herbalife

For more than a year, some have accused nutritional supplement company Herbalife of operating a pyramid scheme and called for federal authorities to investigate the business. Today, the company confirmed that it is indeed under investigation by the Federal Trade Commission, though it did not reveal exactly why. [More]

(Herbalife)

Shares Of Herbalife Fall After It Defends Itself Against Pyramid Scheme Accusations

Herbalife has been scrambling to do damage control and defend itself against accusations that it’s a fraud or as one hedge fund manager called it, a pyramid scheme. But after stating its case to the contrary yesterday, it seems investors are still unsure about whether they should risk their money in the company’s stock. [More]