Herbalife Plunges as Ackman Vows to Unveil Fraud
date:Jul 23, 2014
n New York.

Trust me, when you see the stuff we have, Ackman said in an interview on Market Makers with Stephanie Ruhle and Erik Schatzker, you will conclude the money was well spent. He suggested that the nutrition clubs - part of Herbalifes direct-selling approach - resemble the fake trading rooms set up by Enron before accounting fraud led to that companys bankruptcy in 2001.

Ackman has waged a battle to shut down Los Angeles-based Herbalife since December 2012. He has bet $1 billion agains
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