Herbalife and Bill Ackman

Bill Ackman: During a presentation in New York that lasted more than three hours, Mr. Ackman detailed the findings from his lengthy investigation into Herbalifes business practices. His firm, Pershing Square Capital Management LP, has placed a $1-billion U.S. bet that Herbalife is destined to collapse. More Related to this Story, according to Globe and Mail. Herbalife plunges as Ackman says he can prove fraud Hedge fund manager Bill Ackman unleashed a new salvo of accusations against Herbalife International Inc., the purveyor of dietary supplements that he calls a pyramid scheme, but failed to persuade investors to ditch the companys shares. Why you should thank a short seller (www.immigrantscanada.com). As reported in the news.