Protip: Don’t buy stock in this company right now
- 14% the approximate percentage the stock Herbalife fell on Friday after reports of a federal probe into the company surfaced. The company, which sells nutrition products, has long been suspected to be a ponzi scheme by some investors, most notably noted hedge fund manager William Ackman, who famously made a $1 billion bet that the company was operating illegally. source
April 12, 2014 // 17:05 // 10 years ago