With investors punishing his company's stock for a third consecutive day, the top executive of Herbalife Ltd. sought to reassure shareholders Friday that his company is not a pyramid scheme.
Friday, December 21, 2012
CEO insists Herbalife is no pyramid scheme
Michael Johnson, Herbalife's CEO, calls investors to rebut criticism by prominent New York hedge fund manager Bill Ackman.
With investors punishing his company's stock for a third consecutive day, the top executive of Herbalife Ltd. sought to reassure shareholders Friday that his company is not a pyramid scheme.
With investors punishing his company's stock for a third consecutive day, the top executive of Herbalife Ltd. sought to reassure shareholders Friday that his company is not a pyramid scheme.
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