Herbalife @ BehindMLM

An end to the Herbalife investigation to the FTC might finally be in sight, following a report that a settlement might be announced tomorrow. Citing an unnamed source “close to the matter”, the New York Post are reporting an announcement of a deal could come as soon as Wednesday, although the agreement is not final [Continue reading…]

Personally I’m bit over following the FTC Herbalife saga… at least until we get something concrete. BehindMLM first covered a “pending law enforcement action” back in 2013, and it’s been nothing but speculation ever since. In what may be more speculation, Herbalife are now claiming they expect the FTC to hit them with a $200 [Continue reading…]

Percentages. It’s math that for most of was introduced in late elementary school. Percentages of this, percentages of that… useful for practicing division and multiplication,  and invariably leading onto fractions. So how is it that Herbalife just keeping getting basic math wrong?

Despite a report in The Wall Street Journal claiming ‘government investigations cleared the company of allegations of having a fraudulent business model‘ earlier this month, Herbalife has revealed otherwise in its latest public filing.

We’ve been seeing a lot of private industry back and forth on Herbalife, but not alot on the government side of things. Sure we know that the FTC and FBI are investigating the company, but to date the specifics and status of those investigations remain a mystery. Now, in a report published by New York [Continue reading…]

The following excerpt from a recent New York Post article pretty much says it all: Hollywood heavyweight Michael Lynton waded into the long-running Bill Ackman-Herbalife battle last year (by) helping the CEO of the nutritional-shake maker try to stop a looming regulatory probe. Michael Johnson, the CEO of Herbalife, reached out in an e-mail to [Continue reading…]

I couldn’t make this stuff up if I tried… I’m trying not to read too much into this story, but it appears a desperate Herbalife affiliate wasn’t too happy when one of their customers wanted out.

As part of the settlement in the Bostick lawsuit against Herbalife, those represented by the class-action lawsuit had to agree to fully release Herbalife from all claims that were or could have been raised in the complaints in this action. What that basically meant was, after the settlement was finalized, Herbalife victims would be unable to [Continue reading…]

News broke yesterday that an individual had been subpoenaed to appear before a grand jury in New York. This particular convening of a grand jury is significant because it involves an investigation related to Herbalife. As best as I can tell, the grand jury news was broken by the Hartford Courant. Before we get into [Continue reading…]

Standard practice here at BehindMLM is to ignore stock market theatrics. Herbalife’s stock price goes up, it goes down, some guys appear on tv to talk about it and so it goes. Of far more importance is the regulatory side of the Herbalife story, which just got more interesting with news of an FBI probe [Continue reading…]