Hedge fund manager alleges Herbalife is 'pyramid scheme'

Herbalife to answer 'pyramid scheme' claim; stock slide continues
Los Angeles Times
With its three-day stock plunge accelerating Friday, Herbalife Ltd. said it will defend itself against a hedge fund manager's accusations that the business is a “pyramid scheme” - but the company said its response won't come until next month.

Hedge fund manager alleges Herbalife is 'pyramid scheme'
Los Angeles Times
Herbalife Ltd. is girding for a fight against a Wall Street money man who's betting $1 billion that the company is nothing more than what he called a "pyramid scheme.



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