Herbalife Subject Of High-Finance War, Under Investigation By Federal Trade …

A woman is seen speaking on her cellphone beneath a Herbalife sign atop an office building in downtown Los Angeles on January 24, 2014. Herbalife said Wednesday it is being investigated by the Federal TradeĀ 

The U.S. Federal Trade Commission has started a civil investigation into Herbalife Ltd., the company said Wednesday.

Reuters. Herbalife (HLF), the controversial nutrition company under assault from billionaire Bill Ackman, disclosed on Wednesday it has received a civil investigative demand from the U.S. Federal Trade Commission. The news, which was first reported by

For more than a year, hedge fund billionaire William Ackman has been calling on the federal government to shut down Herbalife Herbalife because it is a pyramid scheme. He has called press conferences. He has lobbied in Washington. He has issued 

Reuters. Herbalife (HLF), the controversial nutrition company under assault from billionaire Bill Ackman, disclosed on Wednesday it has received a civil investigative demand from the U.S. Federal Trade Commission. The news, which was first reported by