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A collection of news and information related to Herbalife Limited published by this site and its partners.

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    Jun 14, 2013 |Story| Los Angeles Times

  1. Rep. Linda Sanchez asks FTC to investigate Herbalife

    Rep. Linda T. Sanchez asked regulators to investigate allegations that Herbalife Ltd. operates a well-disguised pyramid scheme that victimizes "our country's most vulnerable populations."
    Rep. Linda T. Sanchez asked regulators to investigate allegations that Herbalife Ltd. operates a well-disguised pyramid scheme that victimizes "our country's most vulnerable populations." The Lakewood Democrat said in a letter to the Federal Trade...

    Tags: Business, Sales, Mutual Funds, Corporate Crime, Marketing

    2. Jun 13, 2013 |Story| Los Angeles Times

  2. California Rep. Linda Sanchez asks FTC to investigate Herbalife

    A California congresswoman asked the Federal Trade Commission to investigate allegations that Herbalife Ltd. operates a well-disguised pyramid scheme that victimizes “our country’s most vulnerable populations.”
    This post has been updated. See the note below for details.
    A California congresswoman asked the Federal Trade Commission to investigate allegations that Herbalife Ltd. operates a well-disguised pyramid scheme that victimizes “our country’s most vulnerable populations.” Rep. Linda T. Sanchez...

    Tags: Mutual Funds, Linda Sanchez, Corporate Crime, Minority Groups, Fraud

    3. Jun 11, 2013 |Story| Los Angeles Times

  3. Herbalife says study shows millions in U.S. buy its products

    Los Angeles nutritional products company Herbalife Ltd. said a survey it funded found that nearly 8 million U.S. residents purchased its products in a recent three-month period.
    Los Angeles nutritional products company Herbalife Ltd. said a survey it funded found that nearly 8 million U.S. residents purchased its products in a recent three-month period. The study, performed by the Nielsen Co., came as Herbalife fights a hedge-...

    Tags: Nutrition, Dwayne Johnson, Corporate Crime, Fraud

    4. Jun 11, 2013 |Story| Reuters

  4. Herbalife says survey shows its products are used by millions

    Reuters
    June 11 (Reuters) - Herbalife Ltd, the nutritional products company under fire by high-profile investor Bill Ackman, said on Tuesday that an online survey conducted in April and May showed that 3.3 percent of the population had bought its products in...
    5. May 28, 2013 |Story| Reuters
  5. |Story
    6. May 28, 2013 |Story| Reuters

  6. Ex socio de KPMG se declara culpable de uso de información privilegiada

    Reuters
    Por Bernard Vaughan 28 mayo, (Reuters) - Scott London, un ex socio de la firma de contabilidad KPMG, accedió a declararse culpable de fraude de valores por su participación en un ardid para hacer uso de información privilegiada, según un anuncio de...

    Tags: Scott London, Skechers USA Incorporated

    7. May 28, 2013 |Story| Los Angeles Times

  7. Former KPMG senior partner to plead guilty to securities fraud

    A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to a securities fraud charge of passing inside information about the firm's clients to a friend, who used it to make more than $1 million in stock trades.
    A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to a securities fraud charge of passing inside information about the firm's clients to a friend, who used it to make more than $1 million in stock trades....

    Tags: Scott London, Securities, Lawyers, KPMG, Accounting and Auditing

    8. May 28, 2013 |Story| Los Angeles Times

  8. Former KPMG partner to plead guilty in insider trading case

    A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to securities fraud for passing inside information about the firm's clients to a friend, who used it to make more than $1 million in profitable stock trades.
    A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to securities fraud for passing inside information about the firm's clients to a friend, who used it to make more than $1 million in profitable stock trades....

    Tags: Crime, Law and Justice, Judges, Walmart, Trials, Skechers USA Incorporated

    9. May 20, 2013 |Story| Los Angeles Times

  9. Jeweler pleads guilty in KPMG insider-trading case

    A San Fernando Valley jeweler pleaded guilty Monday to a conspiracy charge in an insider-trading case and agreed to turn over $1.27 million in stock-trading gains made from tips allegedly provided by a then partner at accounting giant KPMG.
    A San Fernando Valley jeweler pleaded guilty Monday to a conspiracy charge in an insider-trading case and agreed to turn over $1.27 million in stock-trading gains made from tips allegedly provided by a then partner at accounting giant KPMG. Bryan Shaw,...

    Tags: U.S. Department of Justice, Scott London, Prosecution, Lawyers, KPMG

    10. May 21, 2013 |Story| Reuters

  10. Herbalife hires PwC as new auditor, shares up

    Reuters
    (Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading. Shares of the nutritional products company rose 4 percent in afternoon trading, as the engagement...

    Tags: Scott London, Buyback, Corporate Crime, Prices, KPMG

    11. May 21, 2013 |Story| Los Angeles Times

  11. Herbalife chooses PricewaterhouseCoopers as new auditor

    Herbalife Ltd. has chosen PricewaterhouseCoopers as its independent auditor, ending a nearly two-month effort to replace KPMG, which resigned after a senior partner was accused of insider trading.
    Herbalife Ltd. has chosen PricewaterhouseCoopers as its independent auditor, ending a nearly two-month effort to replace KPMG, which resigned after a senior partner was accused of insider trading. The Los Angeles nutritional products company said...

    Tags: Trials, KPMG, Accounting and Auditing, PricewaterhouseCoopers

    12. May 22, 2013 |Story| Los Angeles Times

  12. Herbalife hires PricewaterhouseCoopers as its new auditor

    Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor.
    Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor. The Los Angeles nutritional products company said Tuesday that PricewaterhouseCoopers would...

    Tags: Scott London, Corporate Crime, Economy, Business and Finance, Skechers USA Incorporated, KPMG

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Herbalife Limited Photos
Distributors pick up Herbalife products at a distributi...
(June 13, 2013)
Distributors purchase Herbalife Ltd. products at a distribution center in Carson earlier this year.
Herbalife CEO Michael O. Johnson said a study funded by...
(June 11, 2013)
Herbalife CEO Michael O. Johnson said study shows company has broad base of U.S. consumers.
Herbalife Ltd. said it has hired a new auditing firm.
(May 21, 2013)
Herbalife Ltd.
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