Ackman Hints at Herbalife’s (HLF) Enron-like Fraud

Bill Ackman, Pershing Square CEO and Founder, spoke with Bloomberg Television’s Stephanie Ruhle and Erik Schatzker about his team’s two-year investigation of Herbalife (HLF) and the company’s alleged fraud. He also discussed his bid for Allergan. Ackman said that he has spent “approaching $50 million” of investor money investigating Herbalife. He said: “Trust me, when […] View the full post at: Ackman Hints at Herbalife’s (HLF) Enron-like Fraud Related posts: Ralph Cioffi Acquitted of Fraud Charges Yesterday – Our Conversation in May 2007 Fed’s Words to Be Scrutinized for Hints of Policy Change Walt Disney to Acquire Marvel Entertainment for $4B