Shares of Herbalife surged on Monday for the second straight session, as the company appears to redouble its efforts to combat hedge fund manager Bill Ackman's claims that the company is a "pyramid scheme" set to be shut down.
Herbalife's CFO, John DiSimone, is currently traveling the country speaking to investors, according to one analyst who declined to be named. Another source on the Street confirmed that corporate management is meeting and arranging dinners with big investors in several cities.
When reached on the phone, the company's director of public relations, Michael Gutierrez, refused to comment.
DeSimone has previously attacked Ackman in the press, even saying that the company may look to sue the investor.