Herbalife, whose stock tumbled last week after hedge fund manager David Einhorn asked a few questions on the company’s earnings call, is no stranger to controversy. Herb Greenberg sees some reasons to worry. Read More
Four years ago then-convicted felon Barry Minkow, who had turned from white-collar criminal to claiming to be white-collar fraud-buster, had a new target: Herbalife, the multi-level marketing company best known for its weight-loss shakes. Read More
Herbalife stock takes a plunge on tough questioning, the company calls it a buying opportunity. Chesapeake Energy surprises with a Q1 loss, Sirius XM feuds with Liberty Media. Read More
Shares of nutrition and weight loss company Herbalife fell more than 20 percent after influential short-seller David Einhorn questioned why the company had stopped disclosing distributor names. Read More
Last week, I knocked Herbalife for claiming it does a bunch of R&D, but not disclosing the amount it spends on it. Then, later in the week, without fanfare, the nutritional supplement company updated the R&D section of its website to show the amount they spend on R&D and other stuff. Read More
When a company brags about the amount of research it does, you would expect to “research and development” broken out as an expense somewhere in its SEC filings. At most companies, maybe, but not at Herbalife. Read More